The MEV bot responsible for profiting nearly $8 million in stablecoins returned the funds but wanted the Rho Markets team to admit it was not a hack or exploit.
Decentralized finance protocol Rho Markets is back online after a misconfigured Oracle issue last week, which led to an MEV bot scooping up $7.6 million in stablecoins from the protocol.
On July 21, the Scroll-based liquidity layer and lending protocol stated that it had just completed the simulation of repaying all remaining funds to the affected pools.
Another message on X quickly followed, reporting that the protocol was back online and funds had been successfully allocated.
