Hackers return stolen funds after being identified by HTX
HTX, formerly Huobi, recovered 4,999 ETH stole n by hackers, setting a rare precedent in the centralized cryptocurrency exchange world. On Sept. 24, HTX’s hot wallet suffered a cyberattack that saw 5,000 ETH, equivalent to $8 million, stolen by hackers. The exchange swiftly identified the culprits and initiated a daring move by requesting the stolen funds’ return. As an incentive for the hacker’s cooperation, HTX offered a 5% “white hat” bonus, set to expire on Oct. 2. Remarkably, the hacker chose to heed the ethics call and returned 4,999 ETH to HTX, retaining just 1 Ether from their original ill-gotten gains. While cryptocurrency hacks are distressingly common, the return of stolen funds remains a rarity, highlighting the effectiveness of HTX’s identification efforts. According to lookonchain, HTX (formerly Huobi) hackers have just returned 4,999 ETH of stolen funds. On September 24, the HTX hot wallet was attacked and 5,000 ETH was hacked. HTX...