Thursday, February 25, 2021

dForce Attacker Returns the Stolen $25 Million In Bitcoin (BTC) and Ethereum (ETH)

The recent attack on decentralized finance (DeFi) platform Lendf.me, part of the dForce network, seems to be taking a new turn, as the hacker involved in siphoning over $25 million in Bitcoin (BTC) and Ethereum (ETH) suddenly started returning the stolen funds.

Recall that Herald Sheets reported some hours ago that the hacker seems to resort to negotiation after handy information about his identity got leaked.

dForce Hacker Starts Returning Stolen Funds Significantly

Larry Cermak, a popular cryptocurrency enthusiast made this information available moment ago. Before this report, such a scenario had been predicted, since the IP of the attacker had got leaked. So, returning the stolen funds to save his neck seems to be the last option.

Larry reported via a series of tweets that the hacker has started returning a significant amount of the stolen funds back to Lendf.me.

Larry said the hacker returned $2.79 million yesterday and $10.95 million today, making the total amount returned to be $13.74 million. This implies that he returned about 55% of the stolen funds.

“The dForce attacker has started returning a significant amount of the stolen funds back to the team. Yesterday, he returned $2.79 million. Today, he returned $10.95 million so far. That means the attacker has so far returned $13.74 million or 55% of the total. This is fascinating,” Larry Cermak reported.

Afterward, Larry Cermak came back to report that the attacker has returned $10.1 million in Ethereum (ETH), which means that he’s returned all the stolen funds.

He wrote, “Never mind, I forgot to add the Ether that was transferred. That means the attacker has returned another $10.1 million, which means he’s returned it all now. Wow.”

Repentance of Crypto Hackers is Unusual

This is likely the first repentance of crypto hackers in the cryptocurrency ecosystem. The decision to return all the stolen $25 million is big, but it will possibly save him from looming trouble, after realizing that he’s unknowingly divulged vital information that could lead to his arrest.

Investigation revealed that the attacker is identified to be using a Mac. Through this means, his device’s screen resolution and system language were revealed, making 1inch conclude that “He seems to be a good programmer, but an inexperienced hacker.”

Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles