Cryptocurrency heist hacker returns $260m in funds.

Written by on August 12, 2021

The hacker behind one of the largest ever cryptocurrency heists has returned almost half of the $600m (£433m) stolen assets.

Yesterday, blockchain platform Poly Network wrote a letter on Twitter, asking the individual to get in touch “to work out a solution”.

The website said the amount of money hacked was “biggest” incident so far in the decentralised finance industry.

But at 18:28 BST on Wednesday, Poly Network said it had received $260m.

Poly Network posted on Twitter that it had been sent digital tokens relating to three crypto-currencies, including $3.3m worth of Ethereum, $256m worth of Binance Smart Chain (BSC) and $1m worth of Polygon.

A total of $269m in Ethereum tokens and $84m in Polygon tokens has yet to be recovered.

The hacker also took to one of the blockchains to publish a three-page-long Q&A session, where he essentially “interviewed himself”, according to Tom Robinson, co-founder of Elliptic, a London-based blockchain analytics and compliance firm.

The hacker said that he decided to return the stolen assets because he is “not very interested in money”.

Credit: BBC


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