Hackers Send Back $9M to Nomad Bridge After $190M Exploit

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Hackers Send Back $9M to Nomad Bridge After $190M Exploit
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Hackers have returned $9 million to nomadxyz_ after more than $190 million was siphoned out of the cross-chain bridge on Tuesday. Reporting by oknightcrypto.

Blockchain security company PeckShield said $9 million has been returned so far, equating to around 4.75% of the total loss.

The protocol, which allows users to transfer tokens from Ethereum to other chains like Evmos and Moonbeam, requested"white hat hackers" and"ethical researchers" to return funds in aThe statement reads:"We are actively working with a leading chain analysis firm and law enforcement to trace funds. All involved are prepared to take necessary action in the coming days."

"If you took ETH/ERC-20 tokens with the intention of returning them, we now have a process for you to do so."The majority of returned funds have been stablecoins, with $3.78 million USDC and $2 million USDT being sent back by multiple addresses.

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