Multi-chain crypto wallet BitKeep revealed that it will launch the compensation portal in the first week of February, and 50% of the funds are expected to be returned to users by the end of the same month. The remaining funds will be distributed by the end of March.

To avoid fluctuation, the asset valuation of the compensation will be converted to USDT stablecoin.

In a series of tweets, BitKeep said that its technical team, as well as security agencies, devised a closed-loop verification system that included the affected users’ multi-dimensional information, such as wallet addresses, stolen amounts, and token details.