👋 Need to work with us? CryptoSlate is hiring for a handful of positions!
Optimism Hacker Confirms They Are Whitehat, Returns Most Of Stolen Funds
Optimism hacker has confirmed they’re a whitehat and requested the undertaking builders to share a return deal with for the remaining tokens of their possession.
Optimism Hacker Confirms They Are Whitehat, Returns Most Of Stolen Funds
The hacker stole 20 million OP tokens from Optimism by exploiting a failed transaction involving liquidity supplier Wintermute.
Optimism Hacker Confirms They Are Whitehat, Returns Most Of Stolen Funds
Wintermute CEO Evgeny Gaevoy requested the hacker to return the stolen funds in the event that they’re whitehat inside per week. He threatened to dox the hacker in the event that they didn’t return the funds.
Optimism Hacker Confirms They Are Whitehat, Returns Most Of Stolen Funds
A part of the assertion reads,
Optimism Hacker Confirms They Are Whitehat, Returns Most Of Stolen Funds
We’re 100% dedicated to returning all of the funds, monitoring the individual(s) accountable for the exploit, totally doxxing them and delivering them to the corresponding juridical system. Keep in mind that robbers have to get fortunate each time. Cops solely must get fortunate as soon as.
Optimism Hacker Confirms They Are Whitehat, Returns Most Of Stolen Funds
Nonetheless, it turned out the hacker was a whitehat in spite of everything. Earlier than returning the funds, the hacker this morning despatched a million OP tokens to Vitalik Buterin’s public pockets together with a message that stated:
Optimism Hacker Confirms They Are Whitehat, Returns Most Of Stolen Funds
Good day, Vitalik, I imagine in you, simply wish to know your opinion on this. BTW, assist to confirm the return deal with, and I’ll return the remaining after you. And hiya Wintermute, sorry, I solely have 18M, and that is what I can return. Keep Optimistic!
Six hours after that, they began returning the 18 million in a batch of 1 million per transaction. To date, the hacker has despatched 17 million OP tokens to a pockets Gaevoy claimed belongs to Optimism.
🙃
— wishful cynic (@EvgenyGaevoy) June 10, 2022
In response to the hacker’s resolution, Gaevoy tweeted an upside-down smiley emoji. Optimism additionally posted that it has obtained the stolen crypto whereas revealing that Wintermute “has dedicated to reimbursing the Optimism Basis.”
Over the previous few hours, the deal with opened a line of communication with Wintermute on-chain and 17mm of 20mm OP has now been returned. There was additionally 1mm despatched to @VitalikButerin yesterday (🤷♂️) which is being recovered.
We’ll proceed to submit updates as they arrive in.
— Optimism (✨🔴_🔴✨) (@optimismPBC) June 10, 2022
The hacker shall be protecting the remaining 2 million OP tokens as a bounty. Optimism basis additionally confirmed that it’s within the strategy of recovering the 1 million OP despatched to Vitalik Buterin.
The information of the return has had a constructive affect on OP value. The token has risen by 13.2% within the final 24 hours, making it one of many largest gainers at the moment.
Get an Edge on the Crypto Market 👇
Develop into a member of CryptoSlate Edge and entry our unique Discord neighborhood, extra unique content material and evaluation.
On-chain evaluation
Value snapshots
Extra context
Be a part of now for $19/month Discover all advantages
Source