The attacker who hacked the DeFi protocol Euler Finance has returned more than 58,700 ETH to the project (around $103 million), which has resulted in the price of the EUL project's native token registering an increase of more than 20%.
Euler Finance suffered a hacker attack last March 13. As a result of a flash loan attack, the attacker withdrew around $196 million in crypto assets. In particular, he stole more than 85,800 ETH.
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On March 25, an unknown party, as part of two transactions, returned most of the stolen funds to the project, which resulted in the price of the EUL governance token rising above $4 for the first time since the attack.
Last March 15, the Euler Finance team demanded that the hacker return 90% of the stolen funds. When no response was received, the developers announced a $1 million reward for any information leading to the arrest of the attacker.
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On March 21, the hacker contacted the project's representatives via chain messages and offered to establish a secure connection and come to an agreement.