The attack that took advantage of the GMX V1 Decentralized Exchange (DEX) and stole $ 40 million in crypto began to return the stolen fund after sending an onchain message promising to return Crypto.
In an onchain message that was blown by blockchain security firm Peckshield, the hacker write that the funds will be returned. “Ok, the funds will be returned later,” the exploitation wrote in an onchain message, accepting the huge amount offered by the GMX team.
Hacker begins with the return of stolen crypto
About an hour later, the hacker began to return the crypto stolen from the attack. At the time of writing, the address is labeled GMX Exploiter 2 come back nearly $ 9 million in ether (Eth) to the Ethereum address specified by the GMX team in an onchain message.
That -Plag of peckshield that attacks come back Nearly $ 5.5 million in Frax tokens on the GMX team. After a while, the hacker come back Another $ 5 million in Frax tokens at the GMX address.
At the time of writing, approximately $ 20 million in property was returned to GMX.
The exploitation of Wednesday Target of a pool pool In the GMX V1, the first repetition of the Perpetual Trading Platform was deployed to the arbitrum.
The attack drain the various crypto properties from the platform after taking advantage of a flaw design to manipulate the value of the GLP tokens.
GMX has offered a $ 5 million large amount to the attack
In an X post, the GMX team recognized Hacker’s capabilities and offered a large amount of $ 5 million for the return of funds stolen during the attack.
The team has promised that the value is categorized as a white hat whose hacker can spend freely once the funds are restored.
“You have successfully accomplished the exploitation; your abilities in doing so are apparent to anyone seeking transactions in exploitation,” GMX wrote. “The White Hat Bug Bounty of $ 5 Million continues to be available.”
The GMX team said it would allow the hacker to eliminate the risks associated with spending stolen funds. The team even offered to provide proof of the resource funds if the hacker should request it.
In an onchain message, the GMX team also said The hacker will continue the legal action at 48 hours if the funds are not restored.
In the message, the team said the hacker could take 10% of stolen funds as a white hat reward as long as 90% of the crypto was restored to the addresses they specified.
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