Crypto Hacker Who Drained $42,000,000 From GMX Goes White Hat, Returns Funds in Exchange for $5,000,000 Bounty

Crypto Hacker Who Drained $42,000,000 From GMX Goes White Hat, Returns Funds in Exchange for $5,000,000 Bounty

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Pirates of encryption stole tens of millions of dollars from the decentralized coding GMX (GMX (GMXIt turns a white hat by returning stolen money to collect a reward.

On a new topic on the social media platform X, GMX He says The infiltrator who stole the $ 42 million encryption assets earlier this week from Tarafi (ArbIt restores money -based liquidity group and raised a reward of $ 5 million.

“A possible exploitation of $ 42 million who belong to GLP holders has been secured. After paying a $ 5 million bonus for the user, the remaining money is now safely in GMX Security Multisig.

The shareholders are working on a proposed distribution plan to submit it to GMX DAO (decentralized autonomy organization) and will share more information soon. “

According to previous reports, the infiltrator was struck on July 9 and transferred part of the money into an unknown wallet. At that time, GMX said that the exploitation was limited to GMXV1 and that V2, its markets and liquidity complexes were not affected, as well as the original assets of the ecological system.

There a report In the accident, GMX He says The exploitation was the re -introduction attack, or a kind of penetration that affects smart contracts by taking advantage of the weakness provided when the smart contract makes a call to another before updating itself, leaving the possibility of an external external contract to enter.

The news of the GMX box was sent up, as digital assets are traded for $ 13.36 at the time of writing this report, an increase of 18.4 % over the past 24 hours.

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