a French court has cleared the individuals responsible for the $8.5 million hack of Platypus Finance in February 2023. The court acquitted Mohammed M., 22, who orchestrated the sophisticated flash loan attack on the Automated Market Maker (AMM) protocol based on the Avalanche network
AaronIn pursuit of the hacker, ZachXBT reviewed the transaction history of the exploiter across multiple chains - which led him to the exploiter's Ethereum Name Service (ENS) address retlqw.eth
DavinFrax Finance: Stablecoin hedging inflation, supporting a stable digital currency ecosystem.
Cheng YuanCertiK has identified three separate attacks on the Platypus Finance, resulting in a combined loss of $2.23 million across these exploits.
KikyoAccording to Peckshield, the breach has incurred a financial loss of approximately $2 million.
DavinFrance's Police Nationale stated that it seized 210,000 euros in cryptocurrencies from the suspects.
BeincryptoThe Avalanche-based protocol worked with crypto exchange Binance to identify the exploiter responsible for the $9 million exploit last week.
CoindeskPlatypusDefi’s stablecoin, Platypus USD, suddenly dropped more than 52%, and the on-chain evidence points to a flash loan exploit.
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