Optimism hacker confirms they are whitehat, returns most of stolen funds

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Optimism hacker has confirmed they’re a whitehat and requested the undertaking builders to share a return tackle for the remaining tokens of their possession.

The hacker stole 20 million OP tokens from Optimism by exploiting a failed transaction involving liquidity supplier Wintermute.

Wintermute CEO Evgeny Gaevoy requested the hacker to return the stolen funds in the event that they’re whitehat inside every week. He threatened to dox the hacker in the event that they did not return the funds.

Part of the statement reads,

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We are 100% dedicated to returning all of the funds, monitoring the particular person(s) chargeable for the exploit, totally doxxing them and delivering them to the corresponding juridical system. Remember that robbers have to get fortunate each time. Cops solely should get fortunate as soon as.

However, it turned out the hacker was a whitehat in any case. Before returning the funds, the hacker this morning despatched a million OP tokens to Vitalik Buterin’s public pockets together with a message that mentioned: 

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Hello, Vitalik, I consider in you, simply need to know your opinion on this. BTW, assist to confirm the return tackle, and I’ll return the remaining after you. And good day Wintermute, sorry, I solely have 18M, and that is what I can return. Stay Optimistic!

Six hours after that, they began returning the 18 million in a batch of 1 million per transaction. So far, the hacker has despatched 17 million OP tokens to a pockets Gaevoy claimed belongs to Optimism.

In response to the hacker’s determination, Gaevoy tweeted an upside-down smiley emoji. Optimism additionally posted that it has obtained the stolen crypto whereas revealing that Wintermute “has committed to reimbursing the Optimism Foundation.”

The hacker will probably be conserving the remaining 2 million OP tokens as a bounty. Optimism basis additionally confirmed that it’s within the technique of recovering the 1 million OP despatched to Vitalik Buterin.

The information of the return has had a optimistic affect on OP worth. The token has risen by 13.2% within the final 24 hours, making it one of many greatest gainers immediately.

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