Qubic Begins Returning Tokens to Verified Owners After Wallet Theft

Qubic has begun returning tokens to verified wallet owners after a theft drained 1,404 wallets, with claims open until May 1, 2027, under a validator-approved recovery plan. The network’s validators, known as Computors, approved the plan and opened the claims portal. Applicants must identify the affected wallet, provide a new destination address, sign an ownership message and submit supporting evidence. After a claim is approved, a seven-day dispute window must pass before payment. About 87.1% of the stolen Qubic (QU) tokens were placed in protected on-chain escrow. MEXC, a cryptocurrency exchange, froze an account holding the other 12.9%.