Home Market Ethereum Optimism Thief Returns $16M in Stolen Tokens

Ethereum Optimism Thief Returns $16M in Stolen Tokens

Ethereum Optimism Thief Returns $16M in Stolen Tokens

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The attacker additionally despatched 1 million OP to Vitalik Buterin and stored 2 million tokens as a bounty reward.

Optimism attacker returns loot

The attacker who stole 20 million OP tokens due to a Wintermute bug has returned most of its loot, Optimism has confirmed.

Hey guys – within the curiosity of transparency (πŸ˜‰,πŸ˜…) the deal with has returned a lot of the OP and @wintermute_t has dedicated to reimburse the Optimism Basis for the remaining 2mm OP that was held as a bounty.https: / /t.co/jtElgPdNPk

β€” Optimism (βœ¨πŸ”΄_πŸ”΄βœ¨) (@optimismPBC) June 10, 2022

The Ethereum Layer 2 resolution launched an replace on Friday confirming that the attacker behind the incident returned 17 million of the 20 million OP tokens he stole this week. On Wednesday, Optimism introduced that Wintermute by chance misplaced 20 million OP tokens attributable to an Ethereum pockets failure.

Optimism had granted the funds to the liquidity supply service to assist market individuals seeking to commerce the lately launched OP token on centralized exchanges. Nonetheless, when Wintermute deployed a Gnosis Protected pockets to the Ethereum mainnet with out verifying that it was deployed to Optimism, an attacker efficiently took management of the Layer 2 pockets and stole the funds.

On-chain information exhibits that the attacker started sending the funds again to Optimism’s multi-signature pockets in a collection of transactions late Friday afternoon. In addition they despatched 1 million tokens to Ethereum creator Vitalik Buterin on Thursday, which Optimism has confirmed is β€œbeing restored.” Apparently, the attacker additionally left a message to Buterin in an Ethereum transaction. They write:

β€œGood day Vitalik, I consider in you, I simply need to know your opinion on this. By the best way, assist to confirm the return deal with and I’ll resend the remainder after you. And hey Wintermute, sorry I solely have 18M and I can return that. Keep optimistic!”

With 18 million tokens despatched to Optimism and Buterin, the attacker is left with a 2 million OP bounty. At present costs, the returned funds are value roughly $16.38 million, whereas the attacker’s bounty is definitely worth the equal of $1.82 million. In response to Optimism’s announcement, Wintermute has agreed to refund the two million OP premium to the Layer 2 community.

OP rallied 9.8% in the present day regardless of a fall within the broader market. It’s at present altering arms for round $0.91, based on information from CoinGecko.

Disclosure: On the time of writing this text, the creator of this text owned ETH and several other different cryptocurrencies.

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