‘Ethical hackers’ to return most of the stolen money in biggest crypto robbery

‘Ethical hackers’ to return most of the stolen money in biggest crypto robbery

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Posted by: AffPapa

Most of the stolen 610 million dollars in cryptocurrency were returned, in a “white hat” / “ethical” robbery to ‘prove’ the “weakness” of the platform.

The cyber-attack which targeted The Poly Network platform, and which resulted in the robbery of more than 610 million dollars in crypto, was classified as an “ethical” or otherwise known as “white hat” robbery, aimed to prove a point by exposing the vulnerability of the targeted system, and culminating in the return of the takings.

Around 33 million dollars in frozen crypto are yet to be returned, which was confirmed by both the Poly Network, and Tether – the crypto company that operates the stolen currency, tether crypto.

The attacker has self-identified as Mr. White Hat on Twitter, and has been in contact with the Poly Network, in relation to the return of the stolen money.

According to the company, the payments for the remaining 33 million are yet to be confirmed.

To further ensure the two-way communication with Mr. White Hat, the Poly Network has publicly promised a bounty worth 500,000 dollars, and zero accountability for the theft.

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