dForce Hacker Returns Nearly All of the $25 Million In Stolen Funds
In a sudden twist to the events and of course, good news, the hacker of Chinese DeFi project lendf/dForce has returned almost all the funds to the company.
“We have been working non-stop over the past 24 hours,” said Mindao Yang, founder of dForce about their ongoing discussions with the attacker.
dForce is now moving the funds to a separate account for future distribution.
Dear Users: We are about to move all hacked funds from https://t.co/XwcnxztZnW Admin to a seperate recovery account for furture distribution.
Below is the address for the recovery account: https://t.co/alxsqhIQmd
— Lendf.Me (@LendfMe) April 21, 2020
Yesterday, as we reported the hackers started returning some of the funds, about $2.80 million while engaging in a conversation with dForce. Today, the attacker returned the rest of the $22 million of the funds, as per Etherscan.
Sergej Kunz, the CEO of decentralized exchange aggregator 1inch.exchange yesterday told Cointelegraph that the cybercriminal leaked some important metadata about himself while using their platform to exchange some funds.
The requests came from a single Chinese IP address suggesting the attacker didn't use a decentralized network like Tor.
“He seems to be a good programmer, but an inexperienced hacker,” said Kunz, adding the police investigation is underway.
Now, it is revealed today that all the funds have been returned because the platform has been helping dForce and shared the IP address and other sensitive information of the attacker with the Police.
The Multicoin Capita-backed project was exploited last weekend, during which they lost 99.9% of its total locked value. Now, the returned funds are worth about 24.3 million, slightly less than the total value of stolen funds which could have been lost during the exchange.