Verus Bridge Hacker Returns $8.5M ETH, Keeps $2.8M as Bounty

Verus bridge exploiter returns $8.5M after bounty offer - The Blockopedia

The attacker who exploited the Verus bridge has returned 4,052 Ether, valued at around $8.5 million, to the project team wallet. This comes after Verus offered a 1,350 ETH bounty for the recovery of most stolen funds. According to PeckShield, the returned amount represents roughly 75% of what was taken. The exploiter kept 1,350 ETH, […] The post Verus bridge exploiter returns $8.5M after bounty offer appeared first on The Blockopedia.

Verus Bridge Hacker Returns $8.5M in Ethereum, Pockets Self-Awarded Bounty

The Verus bridge attacker gave back $8.5 million in Ethereum. Kept a cut for themselves. That kind of move doesn’t… Read the original on Verus Bridge Hacker Returns $8.5M in Ethereum, Pockets Self-Awarded Bounty. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Verus Bridge Hacker Returns $8.5 Million in ETH After Protocol Offers 1,350 ETH Bug Bounty

The attacker behind the Verus-Ethereum bridge exploit has returned 4,052 Ether, worth approximately $8.5 million, to the project’s team wallet, according to blockchain security firm PeckShield. The return represents 75% of the $11.58 million in total stolen funds, with the exploiter retaining 1,350 ETH, roughly $2.8 million, as a negotiated bounty reward under a deal proposed by the Verus team. How The Exploit and Recovery Unfolded The Verus-Eth…

Verus Bridge Exploiter Returns $8.5M, Keeps $2.8M as Bounty Reward

The exploiter who drained the Verus-Ethereum bridge of over $11 million has returned $8.5 million to the project’s team, while keeping $2.8 million as a white-hat bounty. This comes barely a day after the Verus community and its developers offered the reward in exchange for the hacker meeting a set of terms. Hacker Accepts $2.8 Million Bounty The incident took place on May 17, with the hacker taking advantage of a missing validation step on one …

Verus Hacker Returns $8.5M After Bridge Exploit Deal

Do those who say never to pay ransomware or hack-and-leak criminals because it encourages more crime also say never to pay those who hack crypto? If you negotiate with hackers to let them keep a percent of what they stole as a non-prosecutable “bounty,” aren’t you just creating more incentive for other criminals? Kenrodgers Fabian... Source

Verus Bridge Exploiter Returns 4,052 ETH, Keeps 1,350 ETH as Bounty

The Verus bridge exploiter returned 4,052.4 ETH, worth about $8.5M, to the team wallet. The attacker kept 1,350 ETH, valued at nearly $2.8M, under Verus’ proposed bounty terms. The May 18 breach drained ETH, USDC, and tBTC before assets were swapped into 5,402 ETH. An attacker linked to the recent Verus network exploit returned 4,052.4 ETH, worth about $8.5 million, to the project’s wallet. The transfer followed a settlement offer from Verus’ co…