Background
On early Sunday morning, the Korean exchange — Coinrail was hacked. The attackers were able to steal US$ 40MM worth of tokens. As part of the hack, 2,557,709 Jibrel Network Token belonging to Coinrail users was stolen.. The attackers then moved these tokens to the decentralized exchange, EtherDelta, attempting to sell the tokens for ETH.
The Jibrel team were able to act quickly and lock the tokens in the EtherDelta contract. As a result, the attackers were only able to liquidate ~24,000 stolen tokens (US$ ~7,000 or under 0.8% of the total), but as a consequence of this, honest users were also affected and had their tokens locked.
We are pleased to announce that Jibrel has successfully coordinated with Coinrail, EtherDelta and ForkDelta (utilizes the same smart contract as ED), to create a process for users to recover lost JNT.
Completing the JNT Recovery Form
Since the recovery process involves a touchpoint with Jibrel, all KYC, AML, ATF requirements outlined by Swiss regulation must be met.
Note. You will need a Google Account to upload your documentation. If you do not have a Google Account, please contact the Jibrel Support Team to manually process your JNT recovery.
Users will be required to submit KYC documentation, proving their identity, address and source of tokens.
The recovery form can be found here.
It provides English and Korean language support and is applicable for those who lost tokens directly through Coinrail, or subsequently through EtherDelta or ForkDelta.
Jibrel provides traditional financial assets such as currencies, commodities, debt instruments and securities, as standard ERC-20 tokens, on the Ethereum blockchain. Jibrel AG is registered in Zug, Switzerland.
