Poly Network Hacker Starts Returning $600M Loot
analysis

Poly Network Hacker Starts Returning $600M Loot

THELOGICALINDIAN - The hacker has alternate over 2 actor so far on Polygon and Binance Smart Chain

The hacker abaft yesterday’s $600 actor Poly Network accomplishment has started to acknowledgment the baseborn funds.

Poly Network Hacker Returns Funds

It seems the Poly Network hacker has had a change of heart.

The perpetrator abaft the better DeFi advance to date has started to acknowledgment the baseborn funds, on-chain abstracts shows. 

The changeabout comes beneath than 24 hours afterwards the hacker took over $600 actor beyond Ethereum mainnet, Binance Smart Chain, and Polygon. 

In the hours afterward the attack, the hacker started communicating with assemblage through addendum absorbed to affairs on the Ethereum network. In the notes, the hacker jokingly put advanced the abstraction of creating a new badge and absolution the holders adjudge area the baseborn funds should go. 

However, the hacker’s best contempo letters declared that they were “ready to acknowledgment the fund,” bidding Poly Network to actualize a set of multisig wallets area the hacker could drop the baseborn funds. 

Before starting to acknowledgment the funds, the hacker created a new badge alleged “The hacker is accessible to surrender” and beatific it to Poly Network’s wallet. The hacker again started appointment USDC to the aforementioned wallet over three affairs accretion $1.0101 million. They additionally sent $1.1 million account of the Binance-peg Bitcoin badge BTCB via Binance Smart Chain, forth with $2 million account of Shiba Inu and $600,000 in stablecoins on Ethereum.

Although alone about $4.7 actor has been alternate so far, it indicates that the hacker wants to accomplish Poly Network accomplished again. The accommodation to acknowledgment the funds may additionally be due to the blockchain aegis close SlowMist identifying key advice about the hacker, such as an email address, IP information, and accessory fingerprint. Additionally, the funds acclimated to conduct the drudge accept been traced to the Hoo exchange, added compromising the hacker’s identity. 

Update: This commodity has been adapted to accommodate added funds alternate by the hacker. 

Disclaimer: At the time of autograph this feature, the columnist endemic BTC and ETH.