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Optimism hacker verifies they are whitehat, returns the majority of taken funds

Optimism hacker confirms they are whitehat, returns most of stolen funds Optimism hacker verifies they are whitehat, returns the majority of taken funds Oluwapelumi Adejumo · 2 hours back · 2 minutes read

Hacks

Optimism hacker began returning the taken tokens in a batch of 1 million per deal.

2 minutes read

Updated: June 11, 2022 at 2: 01 am

Optimism hacker confirms they are whitehat, returns most of stolen funds

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Optimism hacker has actually verified they are a whitehat and asked the task designers to share a return address for the staying tokens in their ownership.

The hacker took20 million OP tokens from Optimism by making use of a stopped working deal including liquidity supplier Wintermute.

Wintermute CEO Evgeny Gaevoy asked the hacker to return the taken funds if they’re whitehat within a week. He threatened to dox the hacker if they stopped working to return the funds.

Part of the declaration checks out,

We are 100% dedicated to returning all the funds, tracking the individual( s) accountable for the make use of, completely doxxing them and providing them to the matching juridical system. Bear in mind that burglars require to get fortunate whenever. Polices just need to get fortunate as soon as.

However, it turned out the hacker was a whitehat. Prior to returning the funds, the hacker today sent out one million OP tokens to Vitalik Buterin’s public wallet together with a message that stated:

Hello, Vitalik, I think in you, simply need to know your viewpoint on this. BTW, assistance to validate the return address, and I will return the staying after you. And hi Wintermute, sorry, I just have 18 M, and this is what I can return. Stay Optimistic!

Six hours after that, they began returning the 18 million in a batch of 1 million per deal. Far, the hacker has actually sent out 17 million OP tokens to a wallet Gaevoy declared belongs to Optimism.

— wishful cynic (@EvgenyGaevoy) June 10, 2022

In response to the hacker’s choice, Gaevoy tweeted an upside-down smiley emoji. Optimism likewise published that it has actually gotten the taken crypto while exposing that Wintermute “has actually dedicated to compensating the Optimism Foundation.”

Over the previous couple of hours, the address opened a line of interaction with Wintermute on-chain and 17 mm of 20 mm OP has actually now been returned. There was likewise 1mm sent out to @VitalikButerin the other day (♂) which is being recuperated.

We will continue to publish updates as they can be found in.

— Optimism (✨ _ ✨) (@optimismPBC) June 10, 2022

The hacker will be keeping the staying 2 million OP tokens as a bounty. Optimism structure likewise verified that it remains in the procedure of recuperating the 1 million OP sent out to Vitalik Buterin

The news of the return has actually had a favorable impact on OP rate. The token has actually increased by 13.2% in the last 24 hours, making it among the greatest gainers today.

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