In a surprising turn of events, the architect behind the March 13 Euler Finance exploit has returned an additional $26.5 million worth of Ether to the Euler Finance deployer account on March 27, according to on-chain data. The return of these assets comes just two days after the hacker returned 58,000 ETH (worth over $101 million at the time) to the Euler team.

The return of these funds marks a significant development in the aftermath of the attack, which had resulted in the loss of over $200 million worth of assets. The return of over $138 million worth of crypto assets by the attacker has given hope to the Euler team and the wider crypto community that the attacker may be willing to cooperate and work towards a resolution.

@azcoinnews

On March 27, at 6:21 pm UTC, an address associated with the attacker sent 7,738.05 ETH (worth approximately $13.2 million at the time it was confirmed) to the Euler deployer account. In the same block, another address associated with the attacker sent an identical amount to the same deployer account, bringing the total to 15,476.1 ETH (around $26.4 million). Then, at 6:40 pm UTC, the first wallet sent another transaction to the deployer account for $10.7 million worth of the Dai stablecoin, bringing the total of all three transactions to approximately $37.1 million.

Both of these addresses have received funds from the account that Etherscan labels “Euler Finance Exploiter 2,” which suggests that they are under the control of the attacker. It remains unclear why the attacker is returning the stolen assets, and whether they will return all of the stolen assets or just a portion.

The return of such a large amount of assets is an unusual move by a hacker, and it could signal a willingness to cooperate with the Euler team. It could also be a way to reduce the risk of being identified and prosecuted for the attack. However, it is important to note that the return of these assets does not absolve the attacker of their actions, and they may still face legal repercussions.

Overall, the return of over $138 million worth of crypto assets by the attacker is a significant development in the aftermath of the Euler Finance exploit. The return of these assets gives hope that a resolution can be reached, and that the wider crypto community can work towards preventing future attacks.

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This article was republished from azcoinnews.com

1. A hacker asserts possession of crucial Binance software housing user information such as emails, phone numbers, and wallet IDs.
2. The hacker purportedly gained entry to this software via phishing emails aimed at law enforcement officials in Uganda, Taiwan, and the Philippines.
3. The hacker intends to sell the software for approximately $10,000.
4. Binance encountered a substantial $2.7 billion fine, while CX confronts a parallel fine amounting to $150 million.

Binance, a major cryptocurrency exchange, finds itself in a series of setbacks yet again, exacerbating its ongoing challenges.
The recent incident involves a cyber attacker who claims to have acquired access to Binance's software used for facilitating law enforcement requests. This software aids the exchange in collaborating with governmental bodies on criminal investigations. The hacker is purportedly selling access to this software for $10,000 in Bitcoin or Monero on Breach Forums, a dark web forum.
Reports suggest that the breach occurred through phishing emails sent to law enforcement officers in Uganda, the Philippines, and Taiwan. These emails contained malware that infiltrated the officers' devices, allowing the hacker to obtain browser credentials. With this illicit access, the hacker breached Binance's law enforcement portal on kodexglobal.com.
Allegedly, the compromised access includes sensitive information such as emails, phone numbers, wallet IDs, and potentially more details about Binance's customers. The hacker even shared screenshots of the breached portal on the aforementioned forum as evidence.
Despite the claims, Binance has not confirmed the veracity of the hacker's assertions. The exchange, however, assured that its customers' funds have remained secure thus far.
Moreover, Binance is grappling with legal troubles in the United States. A recent announcement by the Commodity Futures Trading Commission (CFTC) disclosed a court order for Binance to pay a substantial $2.7 billion fine. This penalty stems from alleged "ill-gotten fees" amounting to $1.35 billion collected from customers associated with US-designated terrorist groups, such as ISIS and al-Qaeda.
Consequently, Binance's CEO, Changpeng CZ Zhao, has faced a staggering $150 million fine for his purported involvement in the scheme. He had earlier stepped down from his CEO position under coercion earlier in the year.
In response to the court's decision, Binance has acknowledged and accepted the ruling. The exchange claims to have taken measures to enhance its compliance and risk management systems.
Disclaimer: Voice of Crypto strives to present accurate and current information; however, it disclaims responsibility for any potential omissions or inaccuracies. Given the high volatility of cryptocurrencies, prudent research is advised before making any financial decisions.

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