Optimism exploiter claims willingness to return 18 million OP tokens

Quick Take

  • On Friday morning, the Optimism hacker sent an on-chain message showing willingness to repay the exploited funds.
  • After a few hours, the hacker returned 17 million OP tokens back to Optimism.

 

Update (8:50 AM ET): The hacker has returned 17 million OP tokens to the Optimism Foundation in multiple onchain transactions, security firm PeckShield said.

Optimism's hacker today claimed to be open to returning 18 million Optimism (OP) tokens left with them. In an on-chain message, the unknown perpetrator offered conditionally to return the exploited tokens.

On Thursday, the hacker stole 20 million OP tokens (worth more than $30 million) after the Optimism team mistakenly transferred them to a multi-signature wallet address presumed to be controlled by Wintermute. This is a market-maker that Optimism had hired and loaned OP tokens to support the token's liquidity on exchanges.

Still, Wintermute did not have control over the address on the Optimism Layer 2 network and the perpetrator found a way to claim the tokens. Later, the hacker sold 1 million of them and sent another 1 million to an Optimism address believed to be owned by Ethereum founder Vitalik Buterin.

After the exploit, the Wintermute team had requested that the exploiter return the stolen tokens to a specific return address, and offered assurances that no legal action would be taken if this was done.

Optimism hacker's on-chain message to Vitalik Buterin (source: Etherscan)

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In the on-chain message to Vitalik on Friday, the hacker offered to make the transfer, but on the condition that Buterin make the first move and transfer the 1 million OP tokens he had been sent in order to verify the genuineness of the return address.


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About Author

Vishal Chawla is The Block’s crypto ecosystems editor and has spent over six years covering tech protocols, cybersecurity, artificial intelligence and cloud computing. Vishal likes to delve deep into blockchain intricacies to ensure readers are well-informed about the continuously evolving crypto landscape. He is also a staunch advocate for rigorous security practices in the space. Before joining The Block, Vishal held positions at IDG ComputerWorld, CIO, and Crypto Briefing. He can be reached on Twitter at @vishal4c and via email at [email protected]