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Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL

Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana.

We’re verifying its authenticity and starting the negotiation process.

“After a long negotiation,” Crema Finance explained, “the hacker agreed to take 45,455 SOL as the white hat bounty. Now we have confirmed the receipt of 6,064 ETH + 23,967.9 SOL in four transactions… A follow-up compensation plan will be released in 48h.”

Once in a while, some defi projects get lucky and are able to negotiate with the attackers, and the hacker decides to return a fraction or all of the stolen funds. While there have been many attempts to talk to a hacker or offer them a reward, a majority of defi projects fail to make contact with the attacker and wind up eating the loss.

What do you think about the hacker returning $8 million in ethereum and solana after being offered a bounty reward? Let us know what you think about this subject in the comments section below.

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