The hacker behind the $196 million exploit in the Euler Finance lending protocol has returned most of the stolen assets, according to string data.
In a transaction on March 25, the exploiter returned 51,000 Ether (ETH) worth around $88 million at the time of this writing. On the same day, a second transfer of 7,737 ETH was made, worth more than $13 million. Previously, on March 18, the hacker sent 3,000 ETH to the protocol, worth almost $5.4 million at the time. The exploiter still controls some of the stolen assets.
euler exploiter has returned 51k ETH ($90m)
โeking (@eking0x) March 25, 2023
On March 13, the hacker made multiple transactions. stealing nearly $196 million of the protocol in a flash lending attack, dubbed the largest DeFi hack of 2023 so far. The stolen assets include 8.8 million DAI, 849,000 wBTC, 85 million stETH, and 34 million USDC stablecoins.
A few days after the hack, the exploiter sent a chain message to Euler calling for a deal with the protocol. โWe want to make it easy for all those affected. With no intention of keeping what is not ours. Configuring secure communication. Let's reach an agreement," they said.
Related: Euler attack causes locked tokens, losses in 11 DeFi protocols, including Balancer
The protocol had previously tried to negotiate with the exploiter, requesting that they return 90% of the funds they stole within 24 hours, otherwise it would face legal action. No response was received, and 24 hours later, Euler offered a $1 reward for any information leading to the capture of the exploiter.
The hacker has made other transactions, including a transfer of 1,000 nETH, roughly $1.65 million at the time, via sanctioned Tornado Cash crypto mixer.
According to blockchain analytics firm PeckShield, around 100 ETH were sent to a wallet address likely owned by one of the victims. A chain message sent by the wallet address had asked the attacker to return his "life savings."
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