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The threat actors who nabbed millions of funds from Euler Finance have agreed to repay the amount. This decentralised lending platform that allows users to borrow or lend any cryptocurrency might have generated an arrangement with which the threat actors corresponded.
Based on reports, the hacker returned 100 ETH to a random user who allegedly lost their life savings during the cryptocurrency heist. The user requested 75 ETH during the incident, but the threat actors returned more than the user desired.
However, the incident has yet to clarify if the user had legitimately lost their funds since the claim’s authenticity could not be confirmed by authorities.
Numerous users requested the hackers to return 90% of the stolen crypto funds and keep the remaining balance as a reward. However, the alleged hacker disagreed with the requests.
The Euler Finance users received more than what they asked the threat actors.
The initial reports stated that the actors returned the stolen cryptocurrency funds, but the returned value in the Euler Finance incident surprised the users.
The Euler Finance cybercriminal incident occurred earlier this month, and nearly $200 million worth of crypto funds were stolen by hackers. A recent tally showed that the affected wallets came from stETH, USDC, WBTC, and DAI.
The incident suddenly escalated after Euler Finance announced they would offer a million dollars as a reward for anyone who could pinpoint the hackers’ location. The bounty did not materialise after the hackers complied with Euler Finance’s condition of returning 90% of the stolen funds.
After several days, the malicious actors responded to the crypto lending platform through Etherscan[.]io. The attackers explained in the independent Ethereum-based block explorer that they did not intend to keep the stolen funds.
The hackers’ surprising actions to return the funds have baffled the researchers and authorities. Hence, many relevant individuals have questioned the true motives of the cybercriminal campaign.
In related news, a researcher claimed that the attack on Euler Finance could connect to the Axie Infinity incident. Hence, the Lazarus group could be the attackers that returned the stolen funds.
