Breaking: Hacker Returns Nearly All Crypto Stolen from Whale
On-chain data reveals a hacker who pilfered close to $70 million in crypto from a whale has restituted nearly all of the ill-gotten funds. The perpetrator devised an “address poisoning” ploy to deceive the victim.
Crypto Theft Reversed
- A hacker orchestrated an address poisoning scheme to dupe a whale.
- The scam involved tricking the victim into sending 1,155 WBTC worth $69.3 million.
- The hacker converted the WBTC into 23,000 ETH.
The Return of Stolen Funds
- After a dispute on Etherscan, the hacker was influenced to return the pilfered assets.
- Arkham tracking firm confirmed the hacker sent back the funds to the whale.
- The whale now holds 22,960 ETH valued at $66.33 million.
No Attempt to Conceal
- The hacker did not try to launder the funds through mixers or trades.
- Ethereum is currently priced at $2,881 with a 1.43% decline in the last 24 hours.
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Hot Take: Hacker Gives Back Majority of Stolen Crypto
After orchestrating a sophisticated phishing scam, a hacker has shown a change of heart by returning the bulk of the purloined crypto assets to the victimized whale. The restitution signifies an unexpected turn of events in the world of blockchain criminality.