The developers of the Arbitrum-based Jimbos Protocol are deciding how to proceed after its version 2 (V2) was subjected to a $7.5 million exploit over the weekend. Jimbos said it was working with security researchers to retrieve lost monies – the same people who previously assisted Euler Finance in recovering over $200 million – and that if the attacker did not return the money by 4 p.m. UTC on Monday, it would call law enforcement. Jimbos lost 4,090 ether (ETH) late Saturday, which security specialists blamed on the primary contract’s lack of slippage control. This enabled the attackers, who have yet to be identified, to obtain a $5.9 million flash loan, manipulate the values of jimbo (JIMBO), and walk away with treasury funds.