Euler Hacker Returns All $200 Million Stolen in Exploit
The hacker within the support of the absolute top DeFi hack in 2023 has returned his stash of stolen crypto to Euler Finance.
In an announcement on Monday, Euler Finance mentioned they’d successfully recovered all the funds stolen within the March 13 exploit.
Since the exploiter did the actual ingredient and returned the funds, and the $1 million reward campaign launched by the Euler Foundation will no longer be accepting original info.
Full particulars to note day after as of late.
— Euler Labs (@eulerfinance) April 3, 2023
Final month, the hacker orchestrated a flash loan exploit on non-custodial lending protocol Euler Finance, stealing almost $200 million payment of DAI, wrapped Bitcoin (wBTC), staked Ether (stETH) and USDC.
The hacker looked unremorseful before the total lot, ignoring a blockchain message from the Euler team of workers calling for the instantaneous return of 90% of stolen funds in return for a halt within the investigation as to his whereabouts.
Alternatively, a day later, he seemingly had a replace of coronary heart and proceeded to engage in talks with the Euler team of workers thru encrypted blockchain messages and return small batches of the stolen funds.
His tone turned entirely apologetic closing week, when he returned 7,000 ETH to the Euler deployer contract, with a message hooked up conveying his apology.
“Jacob here. I don’t mediate what I relate will support me in any manner but I quiet are trying to snarl it. I f**d up,” wrote the hacker in a transaction-embedded message on March 28.
“I didn’t are trying to, but I messed with others’ cash, others’ jobs, others’ lives. I in actual fact f**d up. I’m sorry. I didn’t suggest all that. I in actual fact didn’t f**g suggest all that. Forgive me,” mentioned the hacker, who now identifies as Jacob.
After returning $120 million payment of his spoils from the Euler exploit, the hacker mentioned in a blockchain message that he intends to reach the funds “ASAP” and the lengthen became on story of him “looking after his safety.”
Per blockchain data from Arkham Intelligence, the exploiter’s crypto tackle transferred the last 10,580 ETH payment spherical $19 million to Euler on Monday.
“enact urself a desire and proper be a whitehat. almost nobody will get away with it,” tweeted Scott Lewis, co-founder of DeFi Pulse.
Source credit : unchainedcrypto.com