
Cream Finance DeFi protocol hacker returns $17.6 million
The hacker behind the Cream Finance DeFi protocol has reimbursed the majority of the funds stolen in the recent attack, amounting to 5,152.6 ETH ($17.6 million at the time of writing). This was noted by blockchain-security specialists PeckShield Inc.
#FundReturn @CreamdotFinance hacker just returned 5,152.6 ETHhttps://t.co/FXJcIywKNg
— PeckShield Inc. (@peckshield) September 8, 2021
The amount was sent to the project’s multisig wallet.
Cream Finance has not yet commented on the hacker’s action.
Back in August, the DeFi protocol Cream Finance was subjected to an attack using a flash loan. The damage amounted to 462,079,976 AMP and 2,804 ETH (over $18 million).
Later, the protocol’s developers said they were prepared to reimburse the losses to those affected from earmarking 20% of the commission fees.
The developers also announced that they would pay 10% of the stolen amount to the hacker if he returns the funds.
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