The hacker behind the $11.6 million breach on Prisma Finance has outlined circumstances for returning the stolen funds.
In an on-chain message, the self-proclaimed white hat hacker lamented the crew’s gradual response.
Hacker Particulars Situations to Return Prisma Finance Funds
On March 28, DeFi protocol Prisma Finance reported a safety breach that led to the loss of three,257.57 wstETH, value $11.6 million. Since then, the challenge has urged its customers to revoke delegate approvals and released a complete autopsy audit in regards to the incident.
Based on Prisma Finance, the hacker exploited a vulnerability in each variations of the challenge’s MigrateTroveZap (mkUSD and ULTRA) contracts, and round 20 addresses stay affected.
The Prisma Finance hacker now calls for that the challenge conduct an internet press convention the place all crew members would reveal their identities. He additionally desires the crew to deal with previous errors, disclose the sensible contract’s auditor, and current plans for enhancing safety measures.
Apart from that, Prisma Finance should additionally inform the neighborhood about contract deployment methods and emergency response protocols.
Learn extra: Figuring out & Exploring Threat on DeFi Lending Protocols
The hacker additionally expressed dissatisfaction with phrases like “exploit” and “assault” within the autopsy audit. He emphasised that the illicit transactions have been in step with sensible contract phrases agreed upon by all events.
“You can’t agree one thing with others, after which decide it’s unsuitable or it’s true. No human rights. It’s best to have been extra cautious earlier than deploying your contract. I hope this could assist individuals be extra cautious taking part in defi, the groups can be extra accountable, and everybody would change their minds about issues like this,” the hacker wrote.
Consequently, the hacker refuted claims of malicious intent. He additional urged Prisma Finance to retract the accusatory language inside 12 hours.
Regardless of these calls for to return the stolen funds, the crypto neighborhood questions the attacker’s standing as a white hat hacker.
He has utilized the OFAC-sanctioned crypto mixing instrument Twister Money to obfuscate his transactions. Blockchain safety agency Peckshield reported that addresses belonging to the hacker moved greater than 1,000 ETH by way of the mixer. Regardless, the hacker continues to make sure that stolen funds might be returned.
“After [the online conference] occurs, the quantity I’d hold, and the quantity that I can ship to you’ll be mentioned (keep assured, most of it might be returned) and the notes can be despatched to your e mail,” the hacker added.
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