It was recently revealed that Sturdy Finance lost $800,000 in cryptocurrency as a result of the hack. Attackers were able to withdraw 442 ETH on price manipulation. PeckShield experts clarified – hackers were able to transfer money to the Tornado Cash mixer. However, Sturdy Finance is open to negotiations with abusers.
“As we’ve seen in recent hacks, it’s not as easy for hackers to escape as it used to be. However, we are willing to offer you $100,000 as a reward and will not pursue you further if you send us the remaining funds,” founder Sam Forman wrote in a message to the attackers.
In April, the Euler Finance team was able to recover 90% of the stolen funds in one of the biggest DeFi hacks of the year by offering a reward to the attacker. Likewise, the Sentiment credit protocol returned $870,000 after the hack, offering a reward to the hacker;
Despite some success in negotiating with hackers, not all projects are equally lucky. On June 1, the Jimbos Protocol team offered an $800,000 reward after the attackers who hacked the platform ignored the offer;
PeckShield analysts recently reported that hackers stole $16 million worth of cryptocurrency during May, while unscrupulous developers stole at least $55 million from their users. By comparison, more than $103 million was stolen from cryptocurrency projects in April. And in March – crypto assets for $211.5 million and NFT for $10.9 million.