Euler Finance hacker returns 3000 Ether

The most significant decentralized finance (DeFi) hack of 2023 so far was the most recent incident that stole $197 million from Euler Finance. This may not last for very long, though, as the hacker allegedly had a change of heart.

On March 18, almost 3,000 Ether ($5.4 million) were sent from the hacker’s address to the deployer address of Euler Finance. PeckShield, a blockchain investigator, found three transactions that were utilized to send the funds.

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It was verified that the hacker made one transaction of 1,000 ETH to Euler’s deployer account. The likelihood that the hacker will return the entire $197 million harvest, however, is still rare because no additional outbound transactions were visible at the time of writing.

Euler finance hack

A $1 million prize was made public by Euler Finance on March 16 in an effort to find the hacker and recover the funds. Over a series of transactions, the exploiter was able to steal $197 million. Later, the funds were moved from the BNB Chain to Ethereum using a multichain bridge.

The stolen funds were deposited into the cryptocurrency mixer Tornado Cash soon after a $1 million reward was announced.

Cryptopolitan recently covered that the hacker who recently stole millions from the platform had been been given an ultimatum of 24 hours to restore 90% of the funds or face legal consequences.

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