Over the weekend, decentralized finance (DeFi) platform dForce was breached. The hacker got access to the platform and practically drained all of its wallets dry. Surprisingly, the hacker, still unknown, has returned most of the funds.
At the time of the hack, the crypto community seemingly concluded that dForce would not survive the attack and would close down. However, in a fascinating turn of events, the hacker has decided to return the funds.
The $25 million was all of the platform’s holdings and was returned in different assets, in a series of transactions. One of the transactions saw 57,992 ether (ETH) moved, worth over $10 million at current prices. There also were transactions in WBTC, imBTC, and HBTC, all Bitcoin-pegged Ethereum tokens, worth $4 million. Others included USDT, HUSD, PAX, TUSD, BUSD, USDC, and DAI, worth about $10 million.
The hacker has now returned $24 million, and is still holding on to $1 million. Also, the hacker did not return the funds in the assets through which the hack was done. At the moment, it is still very unclear who the hacker is or why the money was stolen. More surprising is why the funds were returned after what seemed to be a successful hack.
