Nirvana Finance founder recounts the ‘worst day’ of his life

📆 6/2/2024 9:48 PM
📰 Cointelegraph

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Alex Hoffman, the founder of Nirvana Finance, comes forward, sharing the pain he faced for 17 months before discovering the hacker behind the $3.5 million flash loan exploit.

Cointelegraph speaks to the once-anonymous founder of Nirvana Finance, revealing how one random Telegram message led to the capture of the exploiter that stole $3.5 million from the protocol.

“Literally the week we were supposed to start the audit, we woke up to find that it had been hacked,” Hoffman recounted to Cointelegraph in an exclusive interview, describing the morning of July 28, 2022. Not only did he lose most of his money, which was tied up in what he believed to be a flawless protocol, but he also worried that, as an anonymous founder, the victims would assume he had “rugged” the project.He wanted to dox himself right there, and then so he could explain that the founder behind the project wasn’t the cause of the exploit.

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