Euler Finance Hacker Returns $100 Million in Surprising Act – Here's What Happened

cryptonews.com:

In a remarkable development, the Euler Finance exploiter has returned a huge portion of the $200 million stolen funds to the protocol.

According to data aggregated by blockchain security firm BlockSec, the Euler Finance hacker has been returning the stolen funds over the past 24 hours. With the latest repayment of 7,737 ETH, the exploiter has now sent a total of 58,737 ETH (worth around $102 million) to the protocol. 

This marks a surprising turn of events in the Euler hack which saw the protocol fall victim to a flash loan attack earlier this month, resulting in the loss of around $200 million worth of digital assets.

The loss occurred over six transactions in dai (DAI), wrapped bitcoin (WBTC), staked ether (sETH) and USDC, and was carried out by two attackers, crypto analytic firm Meta Seluth said at the time. 

The return of stolen funds comes as the exploiter sent an on-chain message to Euler calling for an agreement with the protocol earlier this week. 

“We want to make this easy on all those affected. No intention of keeping what is not ours. Setting up secure communication. Let us come to an agreement,” the hacker said. 

The Euler team responded with its own on-chain message, acknowledging the message and asking the exploiter to talk “in private.” 

“Message received. Let's talk in private on blockscan via the Euler Deployer address and one of your EOAs, via signed messages over email at [email protected], or any other channel of your choice. Reply with your preference,” Euler said. 

Prior to this, Euler tried to cut a deal with the exploiter after the exploit, insisting that they return 90% of the funds they stole within 24 hours or potentially face legal consequences.

It still remains unclear if the Euler team has reached