KiloEX exchange exploiter returns $5.5M days after $7.5M hack

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Related: Mantra OM token crash exposes ‘critical’ liquidity issues in cryptoThe unexpected repayment occurred after KiloEx offered the hacker a $750,000 “white hat” bounty — 10% of the stolen amount — if they returned 90% of the looted assets.

The initial attack may have been caused due to a “price oracle issue,” where the information used by a smart contract to determine the price of an asset is manipulated or inaccurate, leading to the exploit, PeckShield said in an April 14 X post.

In a surprising turn of events, the wallet address behind the exploit has returned $5.5 million worth of cryptocurrency to the DEX. KiloEX exploiter returns $5.5m.

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Article Details

Author / Journalist: Cointelegraph by Zoltan Vardai

Category: Crypto

Markets: United States

Topics: Returns Kiloex Hacker Worth Exploit Days Platform Returned Exploiter Exchange Million

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 11:06:10 (2 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 272 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27975513

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

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