Poly Network hacker:Red-HandedA cryptocurrency brokerage called The Poly Network disclosed Tuesday that it was hacked by someone who took more than $600 million in the form hundreds of cryptocurrencies.According to The Verge, the hacker is now working on returning the stolen crypto. The Poly Network appears to have reached out to the hacker with a strong-worded tweet warning them that they would be pursued and inviting them to find a solution for their tens or thousands of victims.Givesies BacksiesCNBC reports that the hacker had returned approximately $258 million worth of crypto stolen by them on Wednesday morning.This shows that even though you can steal cryptoassets it is very difficult to launder them or cash out due to blockchain analytics. Tom Robinson, chief scientist at Elliptics, said this to CNBC.AdvertisementAdvertisementIn this instance, the hacker decided that it was safer to just return the stolen items.The Verge observed that the hacker appeared to be returning less valuable cryptocurrency first. They embedded a message in one transaction which simply stated, "Dump shitcoins before."Speak OutRobinson later on Wednesday morning tweeted a Q&A-style Q&A post from the hacker, which answered the question everyone was asking: Why steal $600,000,000? Ok, so maybe the real answer to your question is obvious. It's a lot of money.The hacker, however, did use some white hat logic to say that they were just hacking for fun and not trying to save the planet.AdvertisementAdvertisementAlthough we aren't exactly certain how this one works, for the moment, crypto-world is still a drama.The $600 million Poly Network hacker has published part one of a "Q&A":#polynetworkhack pic.twitter.com/3y1JQnHe50 Tom Robinson (@tomrobin) August 11, 2021READ MORE: Hackers stole more than $600 million worth of crypto coins. Now they may be giving it back to [The Verge]More about crypto theft: Hackers are Already Stealing NFTsAdvertisementAdvertisement
