Hacking

Threat actors behind the Poly Network hack are returning stolen funds

The threat actor who hacked Poly Network cross-chain protocol stealing $611 million worth of cryptocurrency assets returns the stolen funds.

The threat actor behind the hack of the Poly Network cross-chain protocol is now returning the stolen funds. The hackers have stolen $611 million worth of cryptocurrency assets, $273 million worth of Ethereum tokens, $253 million in tokens on Binance Smart Chain and $85 million in USDC on the Polygon network.

The Representatives of Poly Network asked the hackers to return the stolen assets to avoid the response of law enforcement.

According to the DeFi platform, the threat actors already returned almost $260 million worth of stolen cryptocurrency. The reason behind the decision to return the stolen asset is still a mystery.

The attacker has yet to return $269 million on Ethereum and $84 million on Polygon. The threat actors embedded Q&A messages in transactions, he explained that has chosen the Poly Network because he considers the attack one of the most challenging attacks that a hacker could conduct.

Below is the tweet published by Elliptic Co-founder Tom Robinson:

Follow me on Twitter: @securityaffairs and Facebook

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Pierluigi Paganini

(SecurityAffairs – hacking, cryptocurrency)

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Pierluigi Paganini

Pierluigi Paganini is member of the ENISA (European Union Agency for Network and Information Security) Threat Landscape Stakeholder Group and Cyber G7 Group, he is also a Security Evangelist, Security Analyst and Freelance Writer. Editor-in-Chief at "Cyber Defense Magazine", Pierluigi is a cyber security expert with over 20 years experience in the field, he is Certified Ethical Hacker at EC Council in London. The passion for writing and a strong belief that security is founded on sharing and awareness led Pierluigi to find the security blog "Security Affairs" recently named a Top National Security Resource for US. Pierluigi is a member of the "The Hacker News" team and he is a writer for some major publications in the field such as Cyber War Zone, ICTTF, Infosec Island, Infosec Institute, The Hacker News Magazine and for many other Security magazines. Author of the Books "The Deep Dark Web" and “Digital Virtual Currency and Bitcoin”.

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