2 years ago
Safemoon hacker returned $7.2 cardinal of the funds stolen from the protocol’s liquidity pool, blockchain analytical steadfast Peckshield reported.
According to Peckshield, the attacker returned the funds successful 2 transactions during the aboriginal hours of April 20. The hacker archetypal sent 10,000 units of BNB — worthy $3.4 cardinal — to Safemoon’s treasury wallet earlier transferring different 11,804 BNB — worthy $3.8 cardinal — to the aforesaid address.
On April 19, the DeFi protocol informed its assemblage astir these transactions. At the time, the Safemoon squad said the attacker had successfully performed a 100 BNB trial transaction that preceded the instrumentality of 80% of the stolen funds.
Safemoon added:
“Following this, SafeMoon tokens from a wallet with the code 0xdaa3b5ae0521264e55f45157eb6e158e1f3e5012 volition beryllium utilized to brace the BNB into the SFM:BNB liquidity pool.”
Safemoon had agreed that the hacker should keep 20% of the stolen $9 cardinal successful the champion involvement of its assemblage and the project.
Since the incident, the task has travel nether dense criticism, with galore accusing it of rewarding transgression behaviour and glossing implicit the hack.
Meanwhile, quality of the returned funds did not interaction Safemoon’s token price. The integer plus is down 3.3% successful the past 24 hours and was trading for $0.000000006711 astatine the clip of writing, according to CryptoSlate data.
The station Safemoon hacker returns implicit $7M from stolen funds appeared archetypal connected CryptoSlate.
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