Dforce Hacker Returns Stolen $25m

Hacker Sends Back Stole Funds

The hacker that stole $25 million in crypto from decentralized finance protocol dForce in the last few days has had a change of heart. The unidentified hacker has returned a bulk of what he stole

According to data on the Ethereum blockchain, several transactions were sent from an address with the name “Lendf.Me Hack” to the administrator of Lendf.Me project.

The entire transactions carried out consisted of massive amounts with some in the region of 57,992 ETH, a figure which approximates to $10 million as at the time of filing this report.

Other transactions that took place involved U.S dollar-paired stablecoin like BUSD, DAI, USDT, and more. The hacker stole an additional $10 million from this transaction pairs.

The hacker also returned 581 units of HBTC, WBTC, and imBTC, worth around $4 million.

Interestingly, although the hacker returned a sizeable sum of what was stolen, he/she/them still held on to some of the stolen assets. In addition, the hacker didn’t return precisely what was stolen. Some of the crypto assets were returned in different tokens. All in all, they returned around $24 million worth of cryptocurrency.

As at the time of filing this report, it is still unknown as to why the hacker returned the stolen assets or why they were returned in different forms.

dForce Foundation currently supports Lendf protocol and another one. dForce saw $25 million in cryptos in its wallets at the start of the week.


Hacker Sends Back Stole Funds

DForce is an online service that enables users to carry out cryptocurrency transactions.

DForce is an online service that allows users to make crypto-currency transactions with one another.

“The hackers have attempted to contact us, and we intend to enter into discussions with them,” wrote DForce founder Mindao Yang

“This attack harmed not only our users, our partners, and my co-founders, but also me personally. My assets were stolen in this attack, too,” he added.

DISCLAIMER High Risk Investment Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. ICO's, IEO's, STO's and any other form of offering will not guarantee a return on your investment. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. cryptonbitcoinwill not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed on this site are owned by the respective writer and should never be considered as advice in any form. Cryptonbitcoin makes no representation or warranties as to the accuracy and or timelines of the information contained herein. A qualified professional should be consulted before making any financial decisions.