Security News > 2021 > August > Poly Network says it's got pretty much all of that $610m in stolen crypto-coins back

Poly Network says virtually all of the crypto-currency funds, valued at $610m, stolen from it by a thief have been returned.

The thief, dubbed Mr White Hat by Poly Network, promised to hand the funds back, claiming it was just done for fun and to highlight the security flaw.

The coins will be funneled back to their rightful owners - Poly Network's users stiffed in the record-breaking cyber-heist.

Specifically, some of the remaining funds were held in a wallet that could only be unlocked by the binary bandit; the private key to access those funds was given up to Poly some hours ago.

"At this point, all the user assets that were transferred out during the incident have been fully recovered. Thanks to Mr White Hat's cooperation, Poly Network has officially entered the fourth phase of our roadmap: asset recovery. We are in the process of returning full asset control to users as swiftly as possible."

According to messages embedded in transaction metadata by the thief, the miscreant has also returned the $500,000 bounty Poly paid for more details about the robbery as well as donations the crook received.

News URL

https://go.theregister.com/feed/www.theregister.com/2021/08/23/poly_network_payback/