The hacker behind the largest DeFi exploit of 2023 continues to demonstrate controversial behavior, as he returned most of the stolen Euler Finance funds this time around.
In two separate transactions, the perpetrator returned more than $100 million in ETH to the protocol.
- crypto potato reported on the flash lending attack, which took place in early March, which saw $198 million worth of USDC, ether staked, BTC wrapped, and DAI diverted from the DeFi lending protocol. Later reports suggested that this vulnerability was evident for more than eight months prior to the exploit.
- The team behind the project offered the attacker a $20 million bounty, which they declined, and began laundering parts of the proceeds through TornadoCash.
- Interestingly, the perpetrator returned some funds to an Euler user who complained on Twitter. Soon after, the attacker also sent some ether to the DeFi protocol, while reports suggested that they could be linked to the notorious Lazarus Group.
- More on-chain data from this weekend shows that the hacker made two separate transactions that returned more than $104 million worth of ETH to Euler Finance.
- He first was held on March 25, in which they returned 51,000 ETH. The second, which occurred hours later, saw another 7,737 ETH return.
- The decision to return the majority of the funds positively affected the protocol’s native EUL token, which increased over 35% on a 24-hour scale.
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