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Verus Hacker Returns 75% of Stolen Funds, Keeps $2.8 Million as Bounty

Source
Uk Jin

Summary

  • The attacker behind the Verus Ethereum bridge exploit returned about $8.5 million worth of 4,052.4 Ether to a Verus team wallet.
  • The attacker returned 75%% of the total stolen funds and moved the remaining Ether, worth about $2.8 million, to a separate wallet.
  • The Verus team said it would treat the funds other than the returned 4,052.4 Ether as a bounty and a bug bounty, and halt legal action and further tracing.

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Photo: Shutterstock
Photo: Shutterstock

The attacker behind the Verus Ethereum bridge exploit returned 4,052 Ether to the project team and kept the remaining 1,350 Ether as a bounty.

The Block reported on May 22 that blockchain security firm PeckShield said the attacker sent 4,052.4 Ether, worth about $8.5 million, to a Verus team wallet.

The returned funds account for about 75% of the total stolen amount. The attacker moved the remaining Ether, worth about $2.8 million, to a separate wallet.

The transfer came shortly after Verus core contributors offered terms to the attacker. Verus said on X, formerly Twitter, that if 4,052.4 Ether was returned within 24 hours, it would halt its investigation and refrain from legal action or further tracing.

The Verus team also said it would treat the remaining funds as a bounty and publicly recognize them as a bug bounty.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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