Tag: Restitution
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$40 Million Crypto Heist: GMX Hacker Returns Funds for $5M Bounty, Dodges Legal Battle
A hacker who siphoned $40 million in cryptocurrency from the decentralized exchange GMX has returned nearly the entire haul in exchange for a $5 million payout. The breach ranked among the largest in DeFi history, yet events took an unexpected turn when the GMX team proposed a settlement to avert protracted legal entanglements. Once the…