Curve Finance Makes Public Appeal to Hacker Yet to Return Stolen $19M

Curve Finance Makes Public Appeal to Hacker Yet to Return Stolen $19M

• Curve Finance appeals to the individual responsible for the CRV/ETH exploit to return the misappropriated funds.
• About 73% of the stolen funds, equivalent to roughly $52.3 million, have been returned thus far.
• The remaining portion, totaling around $19.7 million, remains unrecovered.

In a recent tweet, Curve Finance, a prominent DeFi protocol facilitating the decentralized transactions within the Ethereum network, made a public appeal amid a recent exploit. The protocol declared that the individual responsible for the CRV/ETH exploit must return the misappropriated funds to the Curve DAO Ownership agent at a given address.

CRV/ETH exploiter will need to return funds to the Curve DAO Ownership agent at 0x40907540d8a6c65c637785e8f8b742ae6b0b9968

— Curve Finance (@CurveFinance) August 9, 2023

However, this public demand has left some community members questioning the consequences. A crypto enthusiast raised a valid point, referencing a prior claim about the deadline for the scammer to return the fund.

“Didn’t you say the final deadline had already passed?” the Twitter user asked. Another commenter responded with a series of laughing emojis amid the reactions, seemingly finding the situation somewhat amusing.

Two days ago, Curve Finance retweeted a statement from PeckShield, a reputable blockchain security firm. According to PeckShield, approximately $73.5 million of cryptocurrencies on the Ethereum blockchain fell victim to the Curve Reentrancy exploit.

#PeckShieldAlert A total of ~$73.5M worth of cryptos on #Ethereum were stolen in the #Curve Reentrancy exploit. So far, ~73% of them (~$52.3M) have been returned. The remaining ~$19.7M worth of cryptos on #Ethereum have not yet been returned by the 1st Curve CRV-ETH exploiter…

— Leviathan News (@leviathan_news) August 7, 2023

Meanwhile, according to the security firm, about 73% of the stolen funds, equivalent to roughly $52.3 million, have been successfully returned thus far. However, the remaining portion, totaling around $19.7 million in crypto assets on the Ethereum network, remains unrecovered.

While the first individual responsible for the Curve CRV-ETH exploit is yet to return the funds, PeckShield provided insights into the returned funds. AlchemixFi returned the entirety of its share, which amounts to $22 million. This return consisted of 7,258 ETH and 4,821 alETH.

Jpegd Frontrunner returned 90% of the stolen funds, totaling $11.5 million. This is equivalent to 5,495.4 WETH. Another address contributed to the recovery effort by returning $7 million from Metronome and CRV pool. Additionally, a Whitehat operation orchestrated by Alchemix saw the return of a substantial sum of $13 million.

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