In an unusual twist for one of the largest cryptocurrency heists ever, a hacker who stole more than $600 million in tokens from blockchain-based platform Poly Network started sending back the stolen funds Wednesday. This came after a slew of cryptocurrency experts and businesses pledged to track the hacker’s crypto wallet on the blockchain and […]
In an unusual twist for one of the largest cryptocurrency heists ever, a hacker who stole more than $600 million in tokens from blockchain-based platform Poly Network started sending back the stolen funds Wednesday.This came after a slew of cryptocurrency experts and businesses pledged to track the hacker’s crypto wallet on the blockchain and help retrieve the assets according to a report by Forbes.
So far, Tom Robinson, the chief scientist at blockchain analytics company Elliptic, says Poly has received about $258 million of the stolen funds, meaning about $350 million in stolen funds have yet to be retrieved. The reversal comes after Poly demanded in a string of tweets that the hacker start returning the funds to three cryptocurrency wallet addresses, at one point saying the money stolen belonged to “tens of thousands of crypto community members.”
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