Following the Verus bridge exploit, an onchain recovery move returns a large share of the stolen assets. According to The Block (crypto), the attacker transfers 4,052.4 ETH, valued at roughly $8.5 million, back to the Verus protocol on Friday. The same report says the exploiter retains a remaining $2.8 million from the incident, and an onchain analyst links the transfer to the team’s proposed bounty framework. CoinTelegraph reports that the hacker returns 75% of the stolen funds as part of a recovery arrangement negotiated with the protocol shortly after the attack. Together, the accounts indicate the protocol and the exploiter reach a deal in the days after the exploit, and that most of the stolen ETH is sent back while a portion remains with the attacker. The reports describe the return as a negotiated recovery process tied to a bounty proposal, but do not provide additional detail on the original exploit amount, the exact bounty terms, or whether further funds or legal or law-enforcement actions are involved.
Verus bridge exploiter returns most stolen funds under proposed bounty framework
Following the Verus bridge exploit, an onchain recovery move returns a large share of the stolen assets. According to The Block (crypto), the attacker transfers 4,052.4 ETH, valued at roughly $8.5 mil...
- The Verus bridge exploit involves an attacker returning ETH to the Verus protocol.
- The attacker returns 4,052.4 ETH, reported at about $8.5 million, on Friday.
- CoinTelegraph describes the return as about 75% of the stolen funds.
- The Block reports the exploiter retains about $2.8 million from the incident.
- The returns are described as part of a recovery or bounty framework negotiated with the protocol shortly after the exploit.
The hacker behind the Verus bridge exploit returned 75% of the stolen funds as part of a recovery deal negotiated with the protocol days after the incident.
3 months agoAn attacker transferred 4,052.4 ETH worth $8.5 million back to Verus on Friday after the team proposed a bounty framework.
3 months ago
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