Crema Finance hacker returns about $7.8 million of stolen funds

The hacker who attacked the Crema Finance decentralized-liquidity protocol has returned part of the stolen funds.

👉After a long negotiation, the hacker agreed to take 45455 SOL as the white hat bounty. Now we have confirmed the receipt of 6064 ETH + 23967.9 SOL in four transactions indicated below. A follow-up compensation plan will be released in 48h.

— CremaFinance (@Crema_Finance) July 6, 2022

The hacker decided to return the assets after negotiations with the protocol team. He kept 45,455 SOL (about $1.6 million at the time of writing) as a bounty.

Crema Finance confirmed receipt from the hacker of 6,064 ETH ($7 million) and 23,967 SOL ($879,000) across four transactions.

The project representatives pledged to publish the compensation plan within 48 hours.

Crema Finance stopped the application’s operation after the attack in early July.

Atlas VPN reports that in the first half of 2022, hackers stole $1.97 billion from the crypto industry.

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