Euler Finance Developers Demand Hacker Return 90% of Stolen Funds
Main page News, Hacker Attack, DeFi
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March 15, 2023

The team of developers of DeFi project Euler Finance has demanded that the hacker who hacked the protocol return 90% of the stolen funds within 24 hours.

If he does not comply with the demand, the team will offer a reward of $1 million for any information leading to the arrest of the attacker.

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Recall that last March 13, an unknown attacker exploited a vulnerability related to flash loans in the Euler Finance project and stole $196 million from the platform.

The project team notified law enforcement agencies in the US and the UK about the attack. In addition, Euler Finance turned to analytics firms Chainalysis and TRM Labs for help investigating the incident.

According to the message shared by the project developers:

"If 90% of the funds are not returned within 24 hours, tomorrow we will launch a $1M reward for information that leads to your arrest and the return of all funds."

It should be noted that Euler Finance has previously tried to negotiate with the attacker.

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