In a surprising turn of events, the architect behind the March 13 Euler Finance exploit has returned an additional $26.5 million worth of Ether to the Euler Finance deployer account on March 27, according to on-chain data. The return of these assets comes just two days after the hacker returned 58,000 ETH (worth over $101 million at the time) to the Euler team.
The return of these funds marks a significant development in the aftermath of the attack, which had resulted in the loss of over $200 million worth of assets. The return of over $138 million worth of crypto assets by the attacker has given hope to the Euler team and the wider crypto community that the attacker may be willing to cooperate and work towards a resolution.
On March 27, at 6:21 pm UTC, an address associated with the attacker sent 7,738.05 ETH (worth approximately $13.2 million at the time it was confirmed) to the Euler deployer account. In the same block, another address associated with the attacker sent an identical amount to the same deployer account, bringing the total to 15,476.1 ETH (around $26.4 million). Then, at 6:40 pm UTC, the first wallet sent another transaction to the deployer account for $10.7 million worth of the Dai stablecoin, bringing the total of all three transactions to approximately $37.1 million.
Both of these addresses have received funds from the account that Etherscan labels “Euler Finance Exploiter 2,” which suggests that they are under the control of the attacker. It remains unclear why the attacker is returning the stolen assets, and whether they will return all of the stolen assets or just a portion.
The return of such a large amount of assets is an unusual move by a hacker, and it could signal a willingness to cooperate with the Euler team. It could also be a way to reduce the risk of being identified and prosecuted for the attack. However, it is important to note that the return of these assets does not absolve the attacker of their actions, and they may still face legal repercussions.
Overall, the return of over $138 million worth of crypto assets by the attacker is a significant development in the aftermath of the Euler Finance exploit. The return of these assets gives hope that a resolution can be reached, and that the wider crypto community can work towards preventing future attacks.
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This article was republished from azcoinnews.com
