The multichain token bridge Allbridge suffered a large exploit resulting in the theft of about $573,000 in crypto. However, the hacker has now returned a significant portion of the stolen funds after apparently accepting the project’s offer for a “white hat bounty” and avoiding legal retaliation.
According to a tweet by Allbridge on April 3, the project received a message from an individual, and 1,500 BNB worth around $465,000 was returned.
The project offered the attacker a chance to escape any legal action and a bounty. However, Allbridge has yet to publicly disclose the amount stolen, though CertiK stated that the sum is close to $550,000, while PeckShield estimated that the attacker obtained $282,889 in BUSD and $290,868 worth of Tether, which amounts to approximately $573,000.
Allbridge disclosed that a second address used the same exploit and shared a link to a wallet that presently contains 0.97 BNB valued at approximately $300.