Curve hacker behind $61M heist begins returning funds

admin August 4, 2023August 4, 2023

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A miner extractable worth (MEV) bot that drained 6,106 Ether from the Curve Finance pETH-ETH pool has returned a lot of the funds to the JPEG’d deployer, which represents practically the entire drained funds. This occasion occurred after the bot’s tackle sent a message on the Ethereum blockchain searching for to show that their e-mail tackle was related to the frontrunning bot.

*The Ethereum IDM negotiations that led to the partial return of funds*. *Supply: Etherscan*.

The returned funds come solely from the pETH-ETH Curve pool related to the JPEG’d protocol, which was frontrun by the bot. All different exploited funds are nonetheless below the management of the attacker who initiated the exploit. The Curve group has additionally sent a message to the unique attacker in an try and get the remainder of the funds returned.

This can be a creating story, and additional info might be added because it turns into obtainable.