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Euler Hacker Gives out Stolen ETH to Random Users, Here's What's Happening

Thu, 03/16/2023 - 12:05
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Arman Shirinyan
Euler Finance hacker being generous but not collaborative
Euler Hacker Gives out Stolen ETH to Random Users, Here's What's Happening
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In an unexpected turn of events, the hacker responsible for the recent Euler Finance exploit has returned 100 ETH to a random user who claimed to have lost their life savings in the hack.

The user had requested that the hacker return 75 ETH, but surprisingly, the hacker sent 100 ETH instead. However, it remains unclear whether the user had genuinely lost funds during the hack, as there is no way to verify this claim.

Previously, numerous users had asked the hacker to return 90% of the stolen funds to the Euler Finance team and retain 10% as a bounty reward. Despite these requests, the hacker has shown no signs of collaboration or cooperation with the team.

Euler Finance, a decentralized finance (DeFi) platform, recently experienced a security breach, resulting in substantial losses for investors. In the aftermath, the hacker's actions have attracted significant attention, as they returned 100 ETH to a random user. The user had reached out to the hacker, claiming to have lost their life savings, and requested the return of 75 ETH. Instead of fulfilling that exact request, the hacker returned the more significant amount of 100 ETH.

This unusual incident raises questions about the hacker's motives and intentions. However, it is essential to note that there is no way to confirm if the user who received the 100 ETH had indeed lost funds in the hack, as the claim remains unverified.

While the hacker's unexpected generosity has caught the community's attention, it is important to highlight that the hacker has not shown any willingness to collaborate with the Euler Finance team. Numerous users had previously suggested that the hacker should return 90% of the stolen funds and keep 10% as a bounty reward. Despite these calls for cooperation, the hacker has not engaged in any negotiations or discussions with the team.

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About the author

Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience.

Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.