A hacker recovered $7.9 million in cryptocurrency for Crema Finance
The attacker who stole cryptocurrency from the Crema Finance protocol returned most of the funds. The hacker transferred 6,000 ETH ($7 million) and 24,000 SOL ($870,000) to the project developers’ wallets in four transactions. In return, he kept 45.5 thousand SOL ($1.6 million).
Crema Finance representatives called the hacker a “White Hat”. This is usually a nickname for ethical hackers who help fix bugs in systems. It turns out that the project will not sue the hacker.
After a long negotiation, the hacker agreed to take 45455 SOL as the white hat bounty. Now we have confirmed the receipt of 6064 ETH + 23967.9 SOL in four transactions indicated below. A follow-up compensation plan will be released in 48h.— CremaFinance (@Crema_Finance) July 6, 2022
The Crema Finance project was hacked on July 3. The developers managed to identify the hacker's address, after which they contacted him. This is a publication from site cryptodefix. Initially it was offered to give back what was stolen for $800 thousand, but the fraudster didn’t agree, after that the amount was doubled.