So I wrote a blogpost with a detailed explanation how to decrypt it:
blog.erratasec.com/2020/01/how-to…
1. backup the iPhone to desktop
2. grab the file 7c7fba66680ef796b916b067077cc246adacf01d (aka. ChatStorage.sqlite) from that backup
3. use sqlite, in the table ZWAMDIAITEM, grab ZMEDIAURL and ZMEDIAKEY
4. use those values to download the encrypted file and decrypt.
That's just normal checksumming and padding, as you see in the code that decrypts the file.
As my other tweets discuss from a few days ago, there's not even evidence of a hack.