SpankChain hacker steals the virtual currency and returns stolen ethereum

SpankChain, an adult entertainment platform based on the virtual currency Ethereum (ETH), confirmed that all of its ETH funds stolen by hackers had been fully recovered. SpankChain previously found that hackers had stolen 165 ETHs worth about $32,000.

Update on our recent hack: @ameensol spoke with the attacker on the phone, and they sent us the private key with all the funds. We sent them back $5,000 as a reward along with the 5.5 ETH they used as seed capital for the attack.

Congratulations, anonymous haxor!

— SpankChain (@SpankChain) October 11, 2018

Fortunately, of the $32,000 in losses, only $9,000 is owned by the website. SpankChain has notified the user the day after the violation and promised to compensate the affected investor for the loss.

Then SpankChain made a phone call with the hacker who made the attack, and the hacker agreed to return the stolen amount.

After confirming that the funds were received, SpankChain rewarded the hacker with $5,000 worth of ETH and compensated the hacker for the $1 ETH worth of money.