Nomad Bridge hack: 190 million dollars lost, 9 million found!

There’s news in the Nomad Bridge hacking case. No sooner had the press release asking for the return of the stolen assets been published than the hackers decided to return part of them. For the moment, 9 million out of the 190 million stolen have been returned.

Nomad hackers return 4.7% of the jackpot stolen

So it was not a sermon in the desert. The statement published recently by Nomad has been read (or heard) by the hackers.

Here is an exerpt :

We are actively working with a leading on-chain analytics firm and law enforcement to trace the funds. Everyone involved is ready to take the necessary steps in the coming days. »

And this allowed a new turn of events regarding the Nomad Bridge hack.

At the time of writing, the Nomad Bridge hackers have returned $9 million. By doing the math, we can predict a retrocession of 4.7% of the assets siphoned off via this bridge yesterday morning. Among them are stablecoins, including USDC worth $3.78 million and USDT worth $2 million.

A refund yes, but not all

A small operation of subtraction allows us to say that there is still some 180 million dollars in Ali Baba’s cave. Or at least in the crypto wallets white hat hackers. Work remains to be done, both on the side of law enforcement and that of the Nomad Bridge hackers. Provided that they end up listening to the voice of their conscience.

It should not be forgotten that the hacker of Optimism returned 17 million out of the 20 million stolen OP tokens. Certainly, he made the right decision like the perpetrators of the Poly Network attack in June 2021. The latter returned the equivalent of $600 million in stolen crypto to the DeFi platform after a blacklisting operation of the siphoned tokens.

For its part, the Lazarus Group, author of the Ronin Bridge hack, did not return anything after stealing $625 million from Axie Infinity. Luckily CZ, the boss of Binance, said he got his hands on $5.8 million from this fund.

Cyber ​​attack stories of which the Nomad Bridge hack is a part are not pleasant at all. As long as possible, bridge developers have an interest in strengthening their security. Let’s hope that the White Hat Hackers can find the right path, and at the same time return a good part of their loot to the unfortunate victims.

Sources: Coindesk

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