TrustedVolumes attacker returns 1,122 ETH, retains roughly $2 million as a "bounty"
1 hours ago
According to on-chain data, the attacker behind the hack of crypto market maker TrustedVolumes has returned 1,122 ETH, valued at over $2 million. The attack initially led to the theft of more than $5.8 million in total assets. To date, the attacker has returned roughly $2 million worth of stolen funds, while retaining around another $2 million as a "vulnerability bounty". BlockBeats previously reported that on May 7, per monitoring from blockchain security firm PeckShield, TrustedVolumes suffered a hack resulting in approximately $5.9 million in losses, including around $3.02 million in ETH, $1.37 million in WBTC, and $1.47 million in stablecoins. The attacker converted the stolen funds into roughly 2,513 ETH.
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