GMX Exploiter Returns Stolen Crypto nach 42 Mio. USD Hack
https://www.dlnews.com/articles/defi/gmx-hacker-returns-stolen-crypto-after-hack/
GMX Exploiter Returns Stolen Crypto nach 42 Mio. USD Hack
https://www.dlnews.com/articles/defi/gmx-hacker-returns-stolen-crypto-after-hack/
5 Kommentare
tldr; The GMX exploiter, who stole $42 million using a re-entrancy attack, has returned most of the stolen funds after the GMX team offered a 10% white hat bounty. The exploiter returned over $40.5 million in assets, including stablecoins and Ether, but still holds 1,700 Ether worth $5.1 million. GMX identified the vulnerability in its code and urged other protocols using its code to address the issue. This case follows a trend of some exploiters returning funds, though such outcomes remain rare in DeFi hacks.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
They’re really lucky, now that they have gotten the money back, they should use a portion of it to strengthen their security.
This just helps with the missing funds but GMX has a long way to go to regain trust
Returning stolen crypto? That doesn’t sound too greedy, GREED !!
I wouldn’t be surprised if the person or persons who developed the code which has the vulnerability, was the person who also exploited it. There would really be no way for anyone to know.