The group responsible for the hack of DeFi lending platform Euler Finance and the theft of $197 million has reportedly recovered most of the stolen assets.
As of March 25, the hackers had returned 51,000 ETH, which is equivalent to about $88 million, and another transfer was made on the same day in the amount of 7,737 ETH, which is worth more than $13 million.
In addition, the hackers had previously returned 3,000 ETH, almost $5.4 million, to the protocol on March 18. Euler Finance had reported in March that the hackers had exploited a vulnerability in the platform’s smart contracts to compromise the system.
The company had attempted to negotiate with the hackers, offering to return 90% of the stolen funds within the first day.
The criminals had contacted Euler Finance the previous week to discuss a possible resolution, claiming that they were willing to return assets that did not belong to them. Euler Finance agreed to engage in talks.
One victim of the hack, who had lost all of their savings (78 ETH, worth $130,000), reached out to the hackers directly. To the victim’s surprise, the hackers transferred 100 ETH to their wallet immediately after receiving the message.
It had previously been revealed that the hackers responsible for the Euler Finance attack were linked to the Lazarus Group, a North Korean-affiliated hacking organization.