Euler Finance hacker sends 100 ETH to red-flagged North Korean address

Ever since Euler Finance fell unfortunate to the biggest decentralized concern (DeFi) hack of 2023, the crypto assemblage intimately follows the $197 cardinal loot on-chain — hoping to way down the attacker. Out of the bid of transfers made by the hacker, 1 transaction of 100 Ether (ETH) was allegedly sent to an code associated with North Korea-linked actors.

Blockchain researcher Chainalysis identified 100 ETH from Euler’s stolen funds was transferred to an code that was flagged successful an older hack with links to North Korea.

100 ETH stolen successful Monday's #Euler Finance hack person moved to an code associated with a erstwhile hack carried retired by #NorthKorea-linked actors. This whitethorn mean the Euler hack is the enactment of #DPRK too, oregon could beryllium misdirection by different hackers. We'll stock much details arsenic imaginable https://t.co/DxvGsc90Z8 pic.twitter.com/5QPphNTyYY

Concurrently, the hacker besides transferred 3,000 ETH to Euler’s deployer account without disclosing their intent. However, nary different transfers were made thereafter astatine the clip of writing. In some cases, it was unclear whether the hacker was trolling oregon if they genuinely considered accepting Euler Finance’s bounty reward of $20 million.

While Chainalysis suspected the engagement of North Korea successful the Euler Finance hack, they highlighted the anticipation of misdirection by different hackers.

Related: Euler hacker seemingly taking their chances, sends funds to crypto mixer

Euler Labs CEO Michael Bentley shared his displeasure with the $197 cardinal hack arsenic helium revealed that ten abstracted audits conducted implicit 2 years assured its security.

Euler has ever been a security-minded project. The Euler astute contracts, including the susceptible lines of code, were audited.https://t.co/SvNeoKEGuY

As Cointelegraph antecedently reported, blockchain information firms, including Halborn, Solidified, ZK Labs, Certora, Sherlock and Omnisica, conducted astute declaration audits connected Euler Finance from May 2021 to September 2022.