Moola Market attacker returns most of $9M looted for $500K bounty

Cointelegraph

Published Oct 18, 2022 10:12PM ET

Updated Oct 19, 2022 12:00AM ET

An attacker has returned just over 93% of the more than $9 million worth of cryptocurrencies they exploited from the Celo (CELO) blockchain-based decentralized finance (DeFi) lending protocol Moola Market.

At around 6PM UTC on Oct. 18 the Moola Market team tweeted it was investigating an incident and had paused all activity, adding it had contacted authorities and offered a bug bounty to the exploiter if funds were returned within 24 hours.

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