Poly Network says it has recovered every $610 million lost in cryptocurrency theft


One of the most bizarre cryptocurrency heists in recent memory is coming to an end. On Monday, Poly Network, a decentralized financial platform, saw a hacker named “Mr. White Hat exploit a vulnerability in its code to steal $610 million in Ethereum, and Shiba Inu and other cryptocurrencies say they have recovered all the money they lost in the theft.”

“At this point, all user assets transferred during the incident have been fully recovered,” the company said He said in a middle job. Poly Network is now working to return control of those digital currencies to their rightful owners, a process the company says it hopes to complete as soon as possible.

Polly’s network hack took one strange turn after another. Less than a day after the cryptocurrency was stolen, the hacker started Millions back They sent a token indicating that they were “ready to surrender”. Everything was running smoothly until they secured over $200 million in assets into an account that required passwords from both of them and the Poly network. They said they would only provide their password when everyone was “ready”. At that point, Poly Network offered the hacker a $500,000 reward.

It is unclear why the offender changed, although some experts believe they may have found it difficult to launder and cash the money in their possession. All we had to do from the hacker was that they were trying to help in their own way.

“My actions, which may be considered strange, are my efforts to contribute to the security of the Poly project in my personal style,” the hacker said in a message included in the final transaction, according to CNBC. “Consensus has been reached in a painful and ambiguous way, but it works.”

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