Home > NEWS > Euler Finance exploiter returns over 58,000 stolen Ether

Euler Finance exploiter returns over 58,000 stolen Ether

ETH worth over $101 million was returned to the lending protocol by March 25. The exploiter still controls part of the stolen assets.

According to On-Chain data, the hackers behind the $196 million loophole in the loan agreement Euler Finance have already repaid most of the stolen property.

In the course of a deal on March 25th, the exploiters returned 51000 ETH, worth about $88 million at the time of writing. A second transfer of 7737 euros was launched on the same day, valued at more than $13 million. Previously, on March 18, hackers sent 3000 ETH to the protocol, which was worth nearly $5.4 million at the time. The exploiters still have some stolen property in their hands.

On March 13, the hacker made a number of transactions and stole nearly $196 million from the agreement in a flash chip borrowing attack billed as the biggest Defi hacker in 2023. The stolen funds included 8.8 million DAI (DAI), 849000 BTC (WBTC), 85 million Steth and 34 million US dollar coins (USDC).

A few days after the hacker attack, the exploiter sent a chain message to Euler White Cat, calling for an agreement with this agreement. "I want everyone affected to be able to deal with it calmly. I have no intention of keeping things that don't belong to us. Set up secure communications. To get us to an agreement.

The deal had tried to negotiate with the exploiters to repay 90 per cent of the stolen assets within 24 hours or face litigation. * No reply was received, and 24 hours later, Euler White Cat offered a reward of $1 million for all information conducive to the capture of exploiters.

The hacker also made other deals, including the transfer of 1000 ETH smart chips (NETH) according to the approved login password switch valve Tornado Cash, which was worth about $1.65 million at the time.

Based on blockchain analysis of corporate PeckShield information, about 100 ETH were sent to a wallet address that could be owned by one of the victims. Earlier, a message on a chain sent by the wallet address begged a cyber attack to return his "life savings".

by Ana Paula Pereira
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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