Crypto Projects Rarely Recover Fully From Major Hacks
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Security experts warn that incidents like this often have lasting consequences. According to Web3 security leaders cited in recent industry reports, nearly 80% of crypto projects hit by major hacks struggle to fully recover — not solely because of financial damage, but due to poor crisis management in the immediate aftermath.
Immunefi CEO Mitchell Amador has noted that many teams are unprepared for breaches, leading to delayed responses and weakened user confidence. Even after technical fixes are implemented, reputational damage can linger, often triggering liquidity declines and long-term trust issues that projects rarely overcome.