The recent attack that drained $197 million from Euler Finance was dubbed the biggest decentralized finance (DeFi) hack of 2023 so far.
However, this may not hold for much longer as the hacker reportedly had a change of heart.
On March 18, roughly 3,000 Ether (ETH) ($5.4 million) were returned to Euler Finance’s deployer address from the Euler Finance hacker’s address.
Blockchain investigator PeckShield identified three transactions that were used to send the funds.
Euler Labs (@eulerfinance) March 15, 2023 The exploiter was able to drain $197 million through multiple transactions and later used a multichain bridge to transfer the funds from the BNB Chain to Ethereum.
Euler Finance demanded that the hacker return 90% of the funds within 24 hours to avoid possible jail time.
Source: Cointelegraph