ChainCatcher news, encrypted KOL @sdcrypto123 tweeted that the claims for the Fei Protocol attack incident applied in Tribe DAO have been received, "If you applied for FEI compensation, hurry up and check, it has been credited."Previously, on April 30 last year, the algorithmic stablecoin protocol Fei Protocol's Fuse pool deployed on Rari Capital was hacked, resulting in a loss of approximately $80.34 million. Subsequently, Tribe DAO conducted a community vote regarding the compensation for victims, and Fei Protocol will reimburse victims with approximately 12.68 million FEI and 26.61 million DAI. In September of the same year, Tribe DAO launched the claims page for the stolen funds from the Fei Protocol attack incident.

ChainCatcher news, encrypted KOL Julian Traversa tweeted that the Discord channel of the DeFi project Fei Protocol has been taken over by the Superior Court of San Francisco, USA. A document from the San Francisco Superior Court shows that Fei Labs is facing a class-action lawsuit, with plaintiffs claiming that it failed to comply with the registration requirements of securities laws when selling FEI and TRIBE tokens during the "Genesis Event" from March 31, 2021, to April 3, 2021. The parties have reached a settlement, establishing a $17.85 million settlement fund to pay individuals or entities that timely submit valid proof of claim. (source link)

Chain Catcher news, Tribe DAO's fourth vote has decided that Fei Protocol will repay $80 million in stolen funds to the victims of the hack that occurred in April, with the repayment plan set to be launched this week.Previously reported, at the end of December last year, the algorithmic stablecoin protocol Fei Protocol merged with the DeFi lending protocol Rari Capital, combining two protocols worth billions of dollars into Tribe DAO. On April 30 of this year, Rari Capital's liquidity pool on Fuse was hacked, resulting in approximately 28,380 ETH being stolen, with losses around $80 million.Since then, Tribe DAO has initiated multiple votes on how to compensate the victims of the hack. The first vote resulted in a decision for full repayment, but the Fei team did not execute this proposal. After initiating another vote and deciding on partial repayment, which faced widespread skepticism from the community, they then initiated another vote to decide on full repayment. (source link)