Echo Protocol Opens Claims for Users Hit by eBTC Exploit

Echo Protocol Opens Claims Process for Users Affected by $76.7 Million eBTC Exploit

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Echo Protocol Opens Claims for Users Hit by eBTC Exploit
  • Echo Protocol opened claims for users impacted by the recent eBTC exploit.
  • Affected users must submit wallet details through Echo’s Discord within 2 weeks.
  • Echo warned users against scams and fake support during the claims process.

Echo Protocol has formally opened a claims process for users impacted by the recent eBTC exploit involving Curvance, asking affected parties to come forward with documentation as the team works toward a resolution.

What Echo Said

In an official notice, Echo Protocol said it has conducted a preliminary review of affected addresses and related asset information based on on-chain data. The team said it wants to get in touch with affected users directly to verify information and coordinate on next steps.

Echo acknowledged that because the incident involves multiple platforms, protocols, and parties beyond Echo itself, any follow-up plan will require coordination across all affected stakeholders once the facts have been fully verified. The team said it intends to act with caution and transparency throughout the process.

How to Submit a Claim

Users who believe they were affected have been asked to submit a ticket through Echo’s official Discord server. The registration window will remain open for two weeks from the date of the announcement.

Echo suggested including the following information in any ticket: the affected wallet address, the affected assets and amounts, and any optional supporting documentation such as relevant transaction hashes or screenshots.

The team said that once verification is complete, it will continue communicating with affected users and relevant platforms or protocols regarding next steps, with further updates to be shared through official channels.

A Warning About Scams

Echo issued a pointed warning alongside the claims process, urging users to rely only on its official announcements and channels. The team flagged the risk of impersonators, fake support accounts, and secondary scams that often follow exploits like this one, and stated clearly that it will never ask users for private keys, seed phrases, or to transfer assets to any address.

“Thank you for your understanding, trust, and cooperation,” the team said in closing.

The notice follows a security incident on the Monad network in which an attacker compromised Echo’s admin key and minted 1,000 unbacked eBTC tokens, worth approximately $76.7 million, out of thin air. 

Related: Polymarket to Fully Refund Users After $3M Website Exploit

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