KiloEx DEX hacker returns $1.4M out of the $7M stolen funds
The pirate behind the feat of $ 7.4 million kilox made $ 1.4 million in the USDT after the days of silence.
The update was shared by the security company Blockchain Peckshield in a position on April 18 on X, confirming that the funds related to the attack were returned to the address of Kiloex. Kiloex, a decentralized perpetual trading platform supported by Yzi Labs, was hacked on April 15 in a cross-attack that targets the base, the OPBNB and the BNB chain (Bnb).
THE exploit was first reported by Cyvers Alerts, which linked the incident to a portfolio funded via tornado trees. Oracle price vulnerability was the main cause, allowing the attacker to manipulate ETH / USD values and use swollen prices to empty funds. The losses were distributed between the base ($ 3.3 million), the OPBNB ($ 3.1 million) and the BSC ($ 1 million), by breakdown of Peckshield.
Kiloex Dex gave the attacker a 72 -hour ultimatum and offered a whitehathat prime 10% of the money stolen in exchange for the return of the remaining amount. “We actively monitor your addresses … and are ready to quickly freeze the stolen funds,” warned the team.
When the pirate did not respond, kiloex laid An official case with the Hong Kong police on April 17 and joined the Slowmist cybersecurity company to support the investigation. The company said that it had already shared critical data with the police and would publish a full incident report once the probe is progressing.
Although the amount returned is not the 90%target, the transaction suggests progress. Kiloex has not yet confirmed the reception of funds or if other negotiations are underway.
The platform is currently trying to restore trading operations and finalize a user compensation plan. He also assured users that the open positions will be paid according to prices before attacks, without risk of forced liquidation.
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