ARPA says attacker-sent tokens are permanently locked, team assets unaffected

Privacy computing network ARPA said it is aware of the security incident at Binance and that the ARPA team’s assets are safe.

Citing an explanation from the Newton Foundation, ARPA said its token was among the assets the attacker sent to the NEWT token contract, where they are permanently locked and cannot be recovered or sold. ARPA also said Binance has pledged to cover all losses and is working to replenish the affected assets.

Source: Coinness