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Thursday 12 August 2021

Poly Network Hacker Returns $342 Million Of Stolen Assets


The hacker behind what is considered to be the biggest cryptocurrency heist in history has now returned $342 million (£247 million) worth of stolen assets.

This is according to Poly Network, a blockchain platform that fell victim to the virtual robbery on Tuesday, having lost $610 million (£440 million) worth of Ether, Binance, and USDC tokens.


The company made the announcement on its Twitter page, that as of 8pm UTC (9pm BST) on Thursday, it had been reunited with $256 million worth of BSC, $4.6 million Ethereum, and $85 million Polygon – more than half of the total stolen assets.

“The remaining is $268M on Ethereum,” Poly Networks stated.

The hacker behind the heist started returning the stolen cryptocurrency tokens on Wednesday afternoon following an open letter published by the company urging for “establish communication” and the return of the stolen assets. It also asked “miners of affected blockchain and crypto exchanges to blacklist tokens” associated with the hacker’s wallet.

https://www.google.com/amp/s/www.itpro.co.uk/technology/cryptocurrencies/360551/poly-network-hacker-returns-342-million-of-stolen-assets%3famp

source http://www.nairaland.com/6699473/poly-network-hacker-returns-342
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