May 15, 2024

Hacker Euler Finance apologized for the hack and promised to return all stolen assets

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Hacker Euler Finance apologized for the hack and promised to return all stolen assets

The story of the hacker attack on the Euler Finance DeFi protocol again took an unexpected turn - the hacker apologized for the hack and promised to return all the stolen funds.

"I don't think that what I say will help me in any waywill help, but I still want to say it. I screwed up. I didn’t want to, but I was ruining other people’s work, other people’s lives. I really didn't want this. Forgive me,” the attacker wrote in a message added to the transaction.

The “conscientious” hacker has already returned $177 million out of $197 million, noting that he intends to return all other Euler funds.

“The rest of the money will be returned soon. I only care about my safety and that is the reason for the delay. I apologize for any misunderstanding,” he wrote.

In March, the Euler Finance team reported thathackers hacked the platform by taking advantage of the vulnerability of the protocol's smart contracts. Euler tried to make a deal with the hackers, offering to return 90% of the stolen funds within the first 24 hours.  

Last week, hackers contacted Euler Finance and stated that they wanted to resolve the issue peacefully and were ready to return assets that did not belong to them. Eurler agreed to discuss the details. 

One of the users of the hacked protocol sent a message to the hackers, saying that he had lost all his savings - 78 ETH ($130,000). The hackers immediately transferred 100 ETH to the victim’s wallet.