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Verus bridge exploiter returns $8.5M after bounty offer

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 59 Views

Verus bridge exploiter returns $8.5M after bounty offer

The hacker behind the Verus bridge exploit returned 75% of the stolen funds as part of a recovery deal negotiated with the protocol days after the incident.

The attacker behind the Verus bridge exploit has returned 4,052 Ether, worth about $8.5 million, to the project's team wallet after Verus offered a 1,350 ETH bounty for the recovery of most of the stolen funds.

The return represents about 75% of the stolen funds, with the exploiter retaining 1,350 Ether (ETH), worth about $2.8 million as a bounty, according to blockchain security firm PeckShield on Friday.

Verus had offered the bounty a day earlier, saying it would treat the retained ETH as a reward if the exploiter returned 4,052.4 ETH to the team address within 24 hours.

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