Posted on Aug 13, 2021
Crypto heist hacker returns most of the stolen funds
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A hacker who stole just over $600m (£433m) worth of cryptocurrency has now returned most of the stolen assets.
On Thursday, Poly Network confirmed on Twitter that $268m worth of Ether tokens had now been recovered.
Over the last 24 hours, the hacker has returned $342m worth of tokens relating to three crypto-currencies to the firm.
The individual also posted several pages of notes to the blockchain, disclosing why they hacked the firm and the offers Poly Network made to them.
In a twist that's worrying some cyber-security experts, the hacker claims the firm offered to pay $500,000 if they returned the stolen assets, as well as a promise of immunity from prosecution.
However, the hacker says he did not accept the offer.
On Thursday, Poly Network confirmed on Twitter that $268m worth of Ether tokens had now been recovered.
Over the last 24 hours, the hacker has returned $342m worth of tokens relating to three crypto-currencies to the firm.
The individual also posted several pages of notes to the blockchain, disclosing why they hacked the firm and the offers Poly Network made to them.
In a twist that's worrying some cyber-security experts, the hacker claims the firm offered to pay $500,000 if they returned the stolen assets, as well as a promise of immunity from prosecution.
However, the hacker says he did not accept the offer.
Crypto heist hacker returns most of the stolen funds
Posted from bbc.com
Hacking
Cyber
Cybersecurity
Posted >1 y ago
Responses: 3
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And just next week I am starting work on my M.S. in Digital Forensics... I probably need to hang on to this article for a future class. I am sure I will need an example like this at some point. Thanks for posting!!
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WOW - they offered $500,000 of traceable currently for $600m+ of non-traceable cryptocurrency? They returned $342m - that must have been one h3ll of a celebration.
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Such situations do occur in the world of cryptocurrency. Therefore, I very carefully and deliberately perform any actions related to this. I found a crypto review that made my life a lot easier in this regard https://cryptowatcher.info/ Thanks to this, I'm always up to date with the latest news and it helps me not to get into any unpleasant situations.
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