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Cosmos Hub voters overwhelmingly reject proposal to refund 1.2M ATOM to Neutron attacker

Market News
25 Sep 2026
Unchained
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Bearish
Cosmos Hub voters overwhelmingly reject proposal to refund 1.2M ATOM to Neutron attacker

Cosmos Hub voters are strongly opposing a proposal to return 1.2 million ATOM tokens seized from the Neutron attacker after a governance hack. The proposal also included a 500,000 ATOM bounty for voters who supported it, funded from the Hub's community pool. Validators had secured the seized tokens in a multisig wallet after restarting the chain, but some tokens were partially recovered by the attacker through THORChain. Voting ends September 30, with the proposal currently facing a near-unanimous veto and low voter turnout, making its failure likely. This decision reflects the community's stance against reimbursing funds linked to the attack.

Cosmos Hub voters are deciding on a proposal related to the refund of 1.2 million ATOM tokens after a governance hack. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Sep 26, 2026 03:21 WIB: out of 50 major cryptocurrencies, 40 rose and 9 fell today. Notable movers include BAL (Balancer) with a 1-day change of +11.14% at Rp16.297, GRT (The Graph) up 9.02% at Rp508 with 97% sell order activity, and EOS (EOS.IO) rising 8.13% to Rp12.649.

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