Poly Network hacker returns nearly all funds, refuses $500K white hat bounty By Cointelegraph

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Poly Network hacker returns nearly all funds, refuses $500K white hat bounty

The hacker behind a $610 million attack on the cross-chain decentralized finance (DeFi) protocol Poly Network has returned almost all of the stolen funds amid the project saying their actions constituted “white hat behavior.”

According to a Thursday update on the attack from Poly Network, all of the $610 million in funds taken in an exploit that used “a vulnerability between contract calls” have now been transferred to a multisig wallet controlled by the project and the hacker. The only remaining tokens are the roughly $33 million in Tether (USDT), which were frozen immediately following news of the attack.