GMX exploiter returns stolen crypto after $42m hack – DL News

  • The GMX exploiter has returned most of the funds they stole from the protocol.
  • The GMX team offered the exploiter a 10% white hat bounty.

The exploiter who swiped $42 million from GMX returned almost all the stolen funds on Friday morning after receiving a bounty offer from members of the decentralised perpetual futures exchange’s team

On Wednesday, the exploiter used bugs in a version of GMX’s codebase to steal the funds, including stablecoins and wrapped versions of Bitcoin and Ethereum, among others.

At 7:29 am London time, the exploiter sent a short onchain message directed to the GMX team. “Ok, funds will be returned later,” the message said.

The exploiter began returning the funds at 9:08 am, sending $10.4 million worth of…

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