Poly Network attacker starts returning the $611 million in stolen cryptocurrency | Crypto Craft

  • Poly Network attacker starts returning the $611 million in stolen cryptocurrency

    From theblockcrypto.com

    The attacker of the $611 million Poly Network exploit has started returning the stolen crypto assets, less than a day after their ID information was reportedly obtained by blockchain security firm Slowmist. They have now sent back $4.7 million in tokens out of the haul. So far they have sent back $1 million in USDC on the Polygon blockchain. They did so in three transactions in incrementally increasing amounts (10, 10,000 and 1 million). They have also handed back $1.1 million in BTCB, a bitcoin-pegged token on Binance Smart Chain, as well as $2 million in shiba inu (SHIBA) tokens and $600,000 in FEI, a stablecoin. ... (full story)

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yieldjunkie
Aug 11, 2021 2:35pm
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Quoting cryptocow
Why would the attacker return the money?
Because the hacker wasn't smart enough to actually get away with it.

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Blockchain security firm SlowMist has sent out a news alert that says they have already tracked down the attacker's ID. It claims to know their email address, IP information and device fingerprint.
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Further crypto sleuths have noticed that some of the hacker's wallets show a lot of DeFi activity. They point out that the wallets have had many interactions with centralized exchanges, including FTX, Binance and OKEx, where the hacker may have undergone KYC measures.
(Source)
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cryptocow
Aug 11, 2021 8:55am
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Why would the attacker return the money?
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TwoSense
Aug 11, 2021 11:18am
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Quoting cryptocow
Why would the attacker return the money?
He might be scared of getting caught?

So far he's returned under half of the $600B. He's asking for donations too.
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