Alchemix’s Stolen Funds Returned by Curve Finance Hacker

• Alchemix’s stolen funds were returned by the Curve Finance hacker.
• The hacker returned the money after Curve, Metronome, and Alchemix offered him 10% of the stolen funds.
• Alchemix received all of its stolen funds, Metronome received some, and Curve didn’t receive any of its stolen funds. 

Alchemix announced on Twitter that all of its funds stolen in the recent Curve Finance pool hack have now been returned. On July 31, Curve shared that a number of stablepools (alETH, msETH, and pETH) were exploited as a result of a malfunctioning re-entrancy lock. Curve lost 50% of its TVL and more than $62 million.

We are extremely happy to announce that all funds stolen by the hacker of the Alchemix @CurveFinance pool have now been returned.

Full post mortem coming.

— Alchemix (@AlchemixFi) August 5, 2023

On August 3, Curve, Metronome, and Alchemix offered a 10% bounty on the stolen funds for the hacker if he returned the remaining 90%. They reassured that there wouldn’t be any law enforcement risks but stated that if the hacker didn’t comply by August 6, they would expand the bounty to the public.

The hacker started sending some of the stolen funds back. He …

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