The Euler Finance Hacker Returns Almost All Of $197 Million Loot

The Euler Finance Hacker Returns Almost All Of $197 Million Loot

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The Euler Finance hacker returned most of the funds they stole earlier this month in a $197 million flash loan exploit , which was dubbed the biggest decentralized finance hack of 2023 so far.

DeFi Hacker Returns Loot

In the last few hours, the hacker who used flash loans to nab a variety of assets from Euler Finance has returned nearly all of the stolen funds to the crypto lending platform.

On March 25, roughly 51,000 ether worth almost $ 89 million were returned to Euler Finance’s deployer address from the Euler Finance hacker’s address. Blockchain investigator Peckshield identified one transaction that was used to send the funds. A second transfer of 7,737 ether, valued at over $12 million was made hours later.

Notably, the hacker also made other multiple outbound transactions that moved tens of millions of decentralized dai stablecoins to another wallet. It remains unclear as to why the anonymous attacker decided to return the funds.

<img src="https://platoaistream.com/wp-content/uploads/2023/03/the-euler-finance-hacker-returns-almost-all-of-197-million-loot.png" alt="

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