Transit Swap ‘hacker’ returns lion’s share of $23M in stolen funds: Finance Redefined

Cointelegraph

Published Oct 07, 2022 04:15PM ET

Updated Oct 07, 2022 06:00PM ET

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

The TranitSwap hacker that got away with $23 million has returned 70% of the stolen funds. The return was possible due to quick actions from on-chain data analytic firms who managed to find the hacker’s IP address and other personal details.

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