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Yala: The person responsible for the security incident on September 14 has been arrested by law enforcement agencies.
BlockBeats news, on October 29, Bitcoin liquidity and its native stablecoin project Yala officially announced that the perpetrator of the platform security vulnerability incident that occurred on September 14 has been successfully arrested by law enforcement in Bangkok, Thailand. Most of the stolen funds have been successfully recovered, and all user compensation requests have been fully resolved. On September 14, Yala was attacked, and the stablecoin YU under Yala could not be redeemed through official channels, resulting in severe depegging.