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Mysterious hacker returns £20m in crypto-currencies after ‘stealing’ it from Chinese trading platform dForce

by Shiz
April 22, 2020
in News

image

A mysterious hacker has reportedly returned £20million worth of stolen funds back to a Chinese crypto-currency exchange platform dForce.

According to the founder of dForce, the sum of $25million (£20million) funds in a variety of crypto-currencies was illegally drained from the trading site on Sunday.

The mysterious web attacker returned all the crypto money two days after he stole it.

The platform founder Mindao Yang wrote a blog post shortly after the attack took place on April 19.

He explained that the attacker was able to withdraw funds by manipulating the system to falsely increase the amount of crypto-currencies in their account and draining it all before the balance is updated, according to an analysis from PeckShield.

‘The hacker(s) have attempted to contact us and we intend to enter into discussions with them,’ Yang stated.

‘We are doing everything in our power to contain the situation,’ He continued. ‘This attack not only harmed our users, our partners, and my co-founders, but also me personally. My assets were stolen in this attack, too.’ Yang wrote.

In a separate post, Yao revealed that ‘nearly all of the stolen funds have been recaptured’.

‘It’s with great relief that I report that nearly all of the stolen funds have been recaptured through the efforts collaboratively made by our partners, law enforcement, investors, the community, and our team members,’ Yang wrote.

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