Curve hacker behind the $61M heist begins returning funds as the protocol offers a 10% bounty and threatens legal action.
The original attacker for the $61 million Curve, Metronome, and Alchemix exploit began returning funds that were drained in the attack. The Alchemix Finance developer walletexploited via a reentrancy bug
on July 30. The exploit affected pools created through the Vyper protocol, including pETH-ETH, alETH-ETH, and msETH-ETH. Over $61 million worth of tokens was lost in the attack. Pools not created through Vyper were unaffected. The same day, a miner extractable value bot that drained 6,106 Ether from the Curve Finance pETH-ETH pool has transferred the funds into an unknown address, which represents nearly all of the drained funds. This event occurred after the bot's addressa message on the Ethereum blockchain seeking to prove that their email address was associated with the frontrunning bot.
Per community reports, MEV frontrunning bot detected the attack on the pETH-ETH pool and successfully drained funds from them before the attacker could perform their action. As a result, the attacker's account failed to obtain the drained funds.This is a developing story, and further information will be added as it becomes available.
Update : This article had been updated to remove the current speculation regarding the transfer of funds involving the MEV frontrunner.
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