Christian Lee, the founder of Stabelcoin Digital Bank Infini, left another message in blockchain transactions, restored the White-Hat Agreement and restored 20% of the stolen funds.
Lee transferred 0.1 ETH to the hacker’s address, which was responsible for stealing $ 49.5 million from Infini’s wallet. In Message with transactionsChristian accepted hacker skills in identifying weaknesses in Neobank’s protocol and proposed a white-hat agreement, with a 20% of the stolen assets introduced as a reward. In addition, he assured the hacker that no legal action will be taken if they follow money and return money.
This is the second message, Infini sent the hacker into a blockchane transaction. On 24 February, when the day is hacked, Infini Wags The hacker said that they were monitoring the address in the question and were ready to take action and freeze the stolen funds if necessary. He offered a 20% reward to return the stolen property, gave the hacker 48 hours to respond and explain that failure to do so would be in continuous investigation with law enforcement.
The hacker stole $ 49.5 million from Infini’s wallet. A few days before hack, Infini Announced It reached $ 50 million in total value.
First certificate Identified On 24 February, suspicious activity, keeping in mind the unauthorized transfer from an inferior-related contract on the atherium. The hacker gained special access to the “0xC49B …” account and withdrew 49.5 million USD coin (USDC). Stolen funds were exchanged for Dam Dai (DAI) and used to purchase 17,696 atherium (Ath). Lukanchen later reported that the Etherium was taken to a new wallet, “0xfcc8 … 6e49.” After hack, Infini’s co-founder Gave Assurance They will reimburse the customer.
As SourceExploitation occurred because a developer who helped establish a smart contract, maintained administrator rights. Three months later, the developer used these rights to dry the funds in the funded wallet through the Crypto Mixer Tornado Cash. For example, the violation seems to be a compromise due to a private key, as the wallet infrastructure was in contrast to a vulnerability, as with the hack of the bibit.
