🔴 The hacker returned $1.4 million after the attack on KiloEx — but this is just a part
After the hack of the decentralized exchange KiloEx, which resulted in the theft of crypto assets worth $7.4 million, the attacker unexpectedly returned $1.4 million in USDT.
🧠 What happened:
— The attack occurred due to a vulnerability in the ETH/USD price oracle
— The hacker used manipulations to withdraw funds through BNB Chain, Base, and Taiko
— KiloEx offered to return 90% of the stolen amount in exchange for a 10% "white" reward
⏳ Initially, there was no response, and on April 17, the exchange filed a report with the Hong Kong police
— SlowMist and PeckShield got involved in the case
— The hacker's addresses are being tracked, and part of the funds is at risk of being frozen
📩 The return of $1.4 million may mean that negotiations are ongoing, although neither the hacker nor the exchange has confirmed the next move yet.
📉 Reminder: after the attack, the $KILO token fell by almost 30%, and trading volume decreased by 74%.
The exchange is working on restoring operations and compensating traders for their losses — all positions will be calculated at prices prior to the attack.
Subscribe — let's watch together how Web3 learns to deal with Web1-level crime 🔴
