๐๐ ๐ซ ๐๐ฎ๐ฐ๐ธ ๐๐ป๐ฑ๐: ๐๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐ช๐ฎ๐๐ต๐ฒ๐ $๐ฑ๐ ๐๐ผ๐๐ป๐๐ ๐๐ต๐ฟ๐ผ๐๐ด๐ต ๐ง๐ผ๐ฟ๐ป๐ฎ๐ฑ๐ผ ๐๐ฎ๐๐ต
โ What happened:
The GMX hacker has just moved all 1,700 ETH (~$5M) โ kept as a white hat bounty โ through Tornado Cash, effectively ending the exploit saga.
๐ Recap of the incident:
Hacker originally exploited $42M from GMX.
Thanks to rising ETH prices, the stolen amount ballooned to $45M.
The hacker returned $40M back to GMX.
GMX itself will cover the remaining $2M shortfall.
The hacker keeps $5M as an agreed white hat bounty.
โก Bottom line:
The story closes with the hacker walking away with $5M, GMX covering part of the losses, and the funds now anonymized via Tornado.
Despite the damage, GMX vaults remain mostly replenished โ but confidence will take time to fully recover.