EUL Jumps 35% as Euler Finance Hacker Returns Another $100M Worth of Ethereum

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The hacker made two transactions, and the total value exceeds $100 million worth of ETH.

The hacker behind the largest DeFi exploit of 2023 continues to demonstrate controversial behavior, as this time, they returned the majority of the funds stolen from Euler Finance.

In two separate transactions, the perpetrator sent back over $100 million worth of ETH to the protocol.the flash loan attack, which took place earlier in March, that saw $198 million worth of USDC, staked ether, wrapped BTC, and DAI siphoned off the DeFi lending protocol. Later reports suggested that this vulnerability was evident for over eight months before the exploit., and started laundering portions of the proceeds via TornadoCash.

Interestingly, the perpetrator returned some funds to an Euler user who complained on Twitter. Shortly after, the attacker also sent back some ether to the DeFi protocol, while reportsFurther on-chain data from this weekend show that the hacker made two separate transactions returning over $104 million worth of ETH to Euler Finance.was carried out on March 25, in which they sent back 51,000 ETH. The second, which happened hours later, saw the return of another 7,737 ETH.

The decision to return the majority of the funds positively affected the protocol’s native EUL token, which is up by more than 35% on a 24-hour scale.

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Euler Finance Hacker Sends 51,000 Stolen Ether Back to ProtocolThe hacker behind eulerfinance's $200 million exploit returned a majority of the stolen funds to the protocol today. $EUL prices immediately rose afterward. shauryamalwa reports eulerfinance shauryamalwa That dev team hacker🤣 eulerfinance shauryamalwa What made the hacker return the money? eulerfinance shauryamalwa
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