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Cosmos Hub rejects proposal to refund 1.2M ATOM to Neutron attacker with 95% veto vote

Market News
25 Sep 2026
Crypto Briefing
View Source
Bearish
Cosmos Hub rejects proposal to refund 1.2M ATOM to Neutron attacker with 95% veto vote

The Cosmos Hub community overwhelmingly rejected a proposal to return 1.2 million ATOM tokens to a Neutron protocol attacker, with 94.64% voting "NoWithVeto." The attacker exploited governance flaws in the Neutron protocol, causing an estimated $9.4 million loss. Validators halted the Cosmos Hub network temporarily and secured the stolen ATOM tokens. The rejection signals strong community opposition to rewarding exploiters, while recovery of remaining funds on Neutron will require further governance actions.

The Cosmos Hub proposal for an ATOM refund is the subject, with Pluang market data providing context. As of Sep 26, 2026 04:21 WIB, 36 of 50 major cryptocurrencies on Pluang rose while 13 fell. Among movers, SOL (Solana) rose 4.04% to Rp2.169.267 with a typical hold time of 70 days and a 60% buy order activity, contrasting with KSM (Kusama) which had a balanced 50% buy/sell order split at Rp85.062, up 3.72%. FIL (Filecoin) also gained 3.77% to Rp18.566 with a longer hold time of 99 days and 57% buy activity.

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