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Ethical Hacker Recovers $5.4 Million for DeFi Protocol Curve Finance After $47 Million Hack

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An ethical hacker has recovered 2,879 ETH worth $5.4 million for Curve Finance after the DeFi protocol suffered a hack that resulted in a loss of over $47 million. The hacker seized some assets on the same day of the hack by front-running the original hackers' malicious transactions. However, bad actors are now targeting victims of the hack with a new fraudulent scheme, impersonating Curve Finance and victims of the hack to scam users who lost their assets. Despite the return of $5.4 million worth of tokens, the attack has destabilized markets with Curve's CRV token taking the biggest hit, plunging over 17% in the past 24 hours to trade at $0.61.

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