THE DAILY ENCRYPT

[date-today format='F j, Y']

Optimism Hacker Returns 17 Million OP Tokens to The Optimism Contract Address

17 million OP tokens have been returned by the Wintermute exploiter to the Optimism contract email address. As of press time, the hacker still has...
Photo by Batyrkhan Shalgimbekov

17 million OP tokens have been returned by the Wintermute exploiter to the Optimism contract email address. As of press time, the hacker still has one million OP tokens.

The 20 million OP tokens that Wintermute stole from the crypto market maker Wintermute were stolen by an exploiter. Wintermute returned 17 million coins to the Optimism contract addresses.

Data from Etherscan shows 17 transactions of 1,000,000 OP tokens each starting at 12.09 PM UTC and ending at 12.31 PM UTC Friday.

As of publication, the exploiter still had 1 million OP tokens in his wallet. Prior to the hack, the attacker sent 1,000,000 coins to Vitalik Buterin . He also sold 1 million additional tokens immediately after.

The attacker has fulfilled a earlier promise to return the funds, even though he was 3 million tokens short. Wintermute initially gave the hacker a week to return the funds, promising to not pursue legal action.

Because Wintermute provided an undeployed multisignature wallet to Optimism, the hacker was able to access the funds and received a 20-million OP token grant.

Elena Argyros

Elena Argyros

Elena is cryptocurrency writer / journalist based in Europe. She has extensive knowledge in the crypto space and is a solidity programmer by trade. Elena has built an extensive resume working with some of the most ground breaking blockchain firms. Being in Europe, Elena has amassed a large network of professionals in the space and states "The technology behind blockchain is going to impact everyone on earth in a good way, once you get to understand it".
Elena Argyros

Elena Argyros

Elena is cryptocurrency writer / journalist based in Europe. She has extensive knowledge in the crypto space and is a solidity programmer by trade. Elena has built an extensive resume working with some of the most ground breaking blockchain firms. Being in Europe, Elena has amassed a large network of professionals in the space and states "The technology behind blockchain is going to impact everyone on earth in a good way, once you get to understand it".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Latest News
PRESS RELEASES