According to The Cryptonomist, a breach of the Keplr wallet occurred and subsequently some outbound transfers were made. On November 8, Web3Auth and Keplr confirmed that among the transfers following the breach, certain movements represented recovery efforts rather than additional theft. Web3Auth released verified recovery addresses for assets it has been moving out of the affected accounts. One batch listed in the disclosure involved 2,265.59 staked ATOM drawn from six Cosmos Hub accounts. The parties emphasized that the transfers serving as recovery do not constitute further malicious activity.
