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Verus Bridge Exploiter Returns 4,052 ETH, Keeps 1,350 ETH as Bounty


Verus Bridge Exploiter Returns 4,052 ETH, Keeps 1,350 ETH as Bounty

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Following a May 18 DeFi bridge breach that drained ETH, USDC and tBTC and saw assets swapped into 5,402 ETH, an exploiter returned 4,052.4 ETH (about $8.5M) to Verus’ team wallet after a settlement asking for 75% recovery within 24 hours. The attacker kept 1,350 ETH (roughly $2.8M) as a bounty, and the partial recovery and negotiated settlement mitigates market impact while underscoring persistent bridge security risks in crypto.

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  • The Verus bridge exploiter returned 4,052.4 ETH, worth about $8.5M, to the team wallet.
  • The attacker kept 1,350 ETH, valued at nearly $2.8M, under Verus’ proposed bounty terms.
  • The May 18 breach drained ETH, USDC, and tBTC before assets were swapped into 5,402 ETH.

An attacker linked to the recent Verus network exploit returned 4,052.4 ETH, worth about $8.5 million, to the project’s wallet. The transfer followed a settlement offer from Verus’ core contributors, who asked the exploiter to return 75% of the stolen assets within 24 hours.

Attacker Returns 75% After Verus Settlement Offer

PeckShield said the returned funds represented 75% of the total stolen from the Verus bridge incident. The remaining 1,350 ETH, worth about $2.8 million, stayed in the attacker’s wallet as a bounty.

Source: X

The Verus team had earlier said it would treat the retained f…

Read The Full Article Verus Bridge Exploiter Returns 4,052 ETH, Keeps 1,350 ETH as Bounty On Coin Edition.

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Coins

$ 1.79K

+2.67%

$ 0.99971

-0.01%

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In This News

Coins

$ 1.79K

+2.67%

$ 0.99971

-0.01%

Funds

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View analytics →
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