Just-In: PolyNetwork Hackers Start Returning $610 Million Stolen Funds

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Poly Network became the victim of the largest defi hack in crypto history estimated to be worth $610 million. The stolen funds were sent to three wallet addresses one on the Ethereum network containing over $260 million, BSC address with $250 million, and Polygon address with $85 million. The total fund distribution was as follows,

BSC assets: 6613 BNB, 87,603,671 USDC, 26,629 ETH, 1,023 BTCB, 32,107,854 BUSD
Polygon assets: 85,089,719 USDC
Ethereum assets: 96,389,444 USDC, 1,032 WBTC, 673,227 DAI, 43,023 UNI, 14 renBTC, 33,431,197 USDT, 26,109 WETH, 616,082 FEI

The hackers behind the theft had agreed to return back the funds earlier today and have demanded a multisig wallet after failing to contact the Poly network. The hacker said,

“FAILED TO CONTACT THE POLY. I NEED A SECURED MULTISIG WALLET FROM YOU. IT’S ALREADY A LEGEND TO WIN SO MUCH FORTUNE. IT WILL BE AN ETERNAL LEGEND TO SAVE THE WORLD. I MADE THE DECISION, NO MORE DAO.”

The hackers have started to return back the funds starting with the Polygon network and have already transferred nearly a million dollars worth of USDC.

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

About Author

Prashant Jha

An engineering graduate, Prashant focuses on UK and Indian markets. As a crypto-journalist, his interests lie in blockchain technology adoption across emerging economies.

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