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TechFlow news, July 11 — According to on-chain analytics platform Lookonchain (@lookonchain), the GMX hacker has chosen to return $42 million worth of stolen assets in exchange for a $5 million white-hat bug bounty. So far, $10.49 million in FRAX has been returned. The remaining $32 million in assets has been converted into 11,700 ETH, currently valued at $35 million, yielding a net profit of approximately $3 million.
According to on-chain analytics platform Lookonchain (@lookonchain), the GMX hacker has chosen to return the stolen $42 million in assets in exchange for a $5 million white-hat bug bounty. So far, $10.49 million in FRAX has been returned. The remaining $32 million in assets has been exchanged for 11,700 ETH, currently worth $35 million, yielding a net profit of approximately $3 million.
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