Euler Financing exploiter has actually returned 3,000 ETH worth $5.4 m to the DeFi procedure, suggesting the platform might have reached a handle the hacker.
Exploiter returns taken Euler funds worth $5.4 m
The Euler Financing exploiter on Mar. 18 returned about 3,000 ETH ($5.4 m) to the platform’s deployer address. Blockchain private investigator PeckShield determined 3 deals utilized to send out funds.
Euler Financing was hacked on Mar. 13 in a flash loan attack where the exploiter made away with $197m.
The funds were taken over 4 deals of $136m staked ether (stETH), $34m USDC, $19m covered bitcoin (WBTC), and $8.7 m DAI.
The aggressor controlled the procedure’s internal markets through a flash loan, draining their treasury.
Later on, the exploiter moved 1,100 ETH ($1.8 m) to the crypto mixer Twister Money to wash taken funds.
The procedure on Mar. 14 provided the exploiter a 10% bounty to return 90% of the taken funds.
Nevertheless, it cautioned that if the funds were not returned within 24 hr, it would introduce a $1m benefit for details that would result in their arrest and the return of all funds.
Exploiter sends out funds to Lazarus Group
The aggressor, on Mar. 17, sent out 100 ETH ($170,500) to a wallet related to Lazarus Group’s Ronin, a North Korean hacking group, according to Lookonchain.
It is uncertain whether Lazarus Group is an accomplice or linked to the Euler Financing exploiter.
The U.S. Treasury Department included Lazarus Group to its list of designated entities in April 2022.
Whether the aggressor prepares to return the remainder of the funds stays unidentified.