After stealing 3,000, $ETH hacker agreed to return half of stolen funds and consider it a generous bug bounty
NFTs and use them as collateral. The mechanism was later used to drain assets from the pool. The main issue was the lack of judgment in the contract that has not checked if the pledged NFT has been withdrawn by the borrower.As always, the hacker received his funds from Tornado Cash coin mixing solution, which allowed him to remain completely anonymous.
Potentially, the exploiter could have easily washed stolen funds and remained under the radar, and then later moved them into fiat somehow.Luckily for platform users and the management team, the hacker agreed to return half of the stolen funds on one condition only: if the whole exploit story would be considered a"bug bounty," he would avoid all future lawsuits.
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