- The hacker responsible for the $12 million hack on Defrost Finance returned the exploited funds
- The DEX will soon launch a smart contract to refund all the affected users
In an interesting turn of events, the perpetrator behind the напад on Avalanche’s Defrost Finance returned the funds he siphoned off the decentralized exchange. The surprising return came a day after the initial flash loan attack that took place on 25 December. The hack had led to a loss of more than $12 million.
The return of the funds…
Према блог пост by Defrost Finance, the hacker behind the hack on V1 returned all the funds that had been exploited. The DEX shared a wallet address that contained the funds returned by the hacker. At the time of writing, the адреса had close to $3 million worth of ETH и КСНУМКС милиона DAI.
Најновији ажурирање by Defrost Finance revealed that the team will start refunding the users who were affected by the hack. The next few days will see the ETH returned by the hacker converted into stablecoins, preferable DAI. These stablecoins will then be crossed from Ethereum to Лавина.
Following an on-chain scan to determine rightful ownership of the stolen crypto, a refunding smart contract will be deployed.
“Rightful users will be able to claim their assets back in stablecoins to the same addresses.” the Defrost team stated.
Allegations of an exit scam
The hours following the hack saw multiple allegations of a rug pull or a similar malicious action. On-chain intelligence firm PeckShield навео “community intel” while warning that the hack on the DEX was a rug pull.
Добили смо обавештајне информације заједнице које упозоравају на повлачење @Дефрост_Финанце. Наша анализа показује да је додат лажни колатерални токен и да се користи злонамерно пророчиште о цени за ликвидацију тренутних корисника. Губитак се процењује на >12 милиона долара. https://t.co/70iu38OYh7 пиц.твиттер.цом/рСКклгВ71И
- ПецкСхиелд Инц. (@пецксхиелд) Декабрь 24, 2022
Blockchain security firm CertiK also took to Twitter and revealed that multiple attempts to contact the Defrost Finance team had proven futile. This led to the firm alleging that the hack was an “exit scam”. This meant that the developers disappearing with investors’ funds following investment into their project.
Prior to the return of funds, the Defrost team had понудио the perpetrator up to 20% of the funds in exchange for the bulk of the exploited assets.
Тим Дефроста је вољан да преговара са хакерима.
Спремни смо да разговарамо о подели 20% (по договору) средстава у замену за већи део имовине и позивамо хакере да нас контактирају што пре.
— Дефрост Финанце 🔺 (@Дефрост_Финанце) Декабрь 25, 2022
Source: https://ambcrypto.com/defrost-hacker-returns-stolen-funds-is-there-an-exit-scam-to-watch-out-for/