Hacker Behind PolyNetwork’s $600M Exploit Started to Refund the Money

The drama with the PolyNetwork hack continues to unfold as the attacker has started to refund the money.

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After saying he was prepared to refund the stolen funds from the infamous $610 million hack, the perpetrator has made the first transaction worth $1 million in USDC.

  • CryptoPotato reported earlier on August 11th that the unknown hacker, who breached PolyNetwork’s security and stole over $600 million in various digital assets, had decided to return the funds.
  • This came after dabbling with the idea of creating a new token and allowing the DAO to decide what to do with the substantial amount stolen.
  • Now, though, the hacker has stayed true to his word and has completed a transaction worth $1 million in USDC from his marked address to PolyNetwork’s wallet.
  • The team behind the DeFi project confirmed receiving the amount in a separate message. It reads:
  • “You are moving things to the right direction. We received 1+M USDC on Polygon. Did you ask us to encrypt the receiving addresses with your BookKeeper public key?”

PolyNetwork's Message to the Hacker. Source: Twitter
PolyNetwork’s Message to the Hacker. Source: Twitter
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About the author

Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato's Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain.