The KiloEx cryptocurrency exchange was targeted by a sophisticated hack, resulting in a loss of $7.5 million. However, the unexpected move came shortly after the exploit when the hacker returned the stolen funds. This incident has fueled discussions about security measures and ethical hacking in the crypto space. KiloEx’s robust platform fell victim to a price oracle manipulation tactic that enabled the theft. Yet, just days after the heist, the perpetrator returned the full amount, leaving many pondering their motives.
The return of funds has sparked debates about whether this act may be an attempt to highlight security concerns or simply avoid legal repercussions.