It took more than three hours after the incident for them to halt the chain—is that emergency response or just dragging their feet?
Initia’s answer: investigate the rollup first, while 600,000 USDC gets moved out.
The day I lost 90 USDC on my paper-trading account, I followed the same process: take a screenshot and post it in the group, then think of a countermeasure. By the time I came up with one, there was nothing left to do.
Now whenever I see the words “under investigation,” I can’t help laughing. Investigations always come last.
When something like this happens to you, do you pull the plug immediately, or wait and see?