Crypto Hacker Steals $610 Million in Cryptocurrency, Returns to Owner

Written by

Kasper Kaminsky

Published on

August 13, 2021

Time reading

1 minute

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The decentralized financial platform Poly Network was recently hit with a hack in which it lost $610 million of crypto, in the forms of Ethereum, BSC, and Polygon. The hack took place by exploiting a flaw in the platform’s code to steal their funds.

However, the unknown hacker then returned the funds soon after, claiming the act was out of goodwill in order to alert the platform to the severity of the hack. Embedded in transactions sent from the hacker’s account were messages, in a Q&A format. In these messages, the hacker claimed that the hack was not for money, and they always planned on returning the funds.

For more information on the hack, see this article by CNBC.

Photo by André François McKenzie on Unsplash