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  • Euler Says All ‘Recoverable Funds’ Stolen in $200M Hack Have Been Returned
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Euler Says All ‘Recoverable Funds’ Stolen in $200M Hack Have Been Returned

cryptovert April 4, 2023 1 min read

Blockchain data on Arkham Intelligence shows that the crypto address associated with the exploiter transferred 10,580 ether (ETH), worth some $19 million, to Euler on Monday.

The event signals a positive ending to one of this year’s largest crypto exploits.

The lending protocol suffered an exploit last month that resulted in almost $200 million of digital assets being drained including in dai (DAI), wrapped bitcoin (wBTC), staked ether (sETH) and USD coin (USDC).

In the following weeks, the exploiter returned a bulk of the stolen funds to the protocol and seemingly apologized in a message attached to one of the blockchain transactions.

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