TrustedVolumes exploiter returns 1,122 ETH valued at over $2 million
AI Market Summary
Onchain data indicate the TrustedVolumes attacker returned 1,122 ETH (over $2M) after a roughly $5.8–$5.9M exploit, keeping about $2M as an implied "bug bounty". Partial restitution reduces immediate loss severity and may ease counterparty and liquidation pressures tied to recovered ETH, but the incident still highlights ongoing smart-contract and operational risks in crypto market-making venues.
Impact level
● Low
Affected assets
ETH/USDT+0.78%
AI Insight · ETH/USDTAI Insight
● Neutral
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BlockBeats reported that on July 18, on-chain data indicated the attacker behind the TrustedVolumes crypto market-making incident has sent back 1,122 ETH, worth more than $2 million.
The exploit originally led to the theft of over $5.8 million in assets. To date, the attacker has returned roughly $2 million and kept about $2 million, describing it as a "bug bounty."
BlockBeats previously cited PeckShield monitoring on May 7 showing TrustedVolumes was attacked and lost about $5.9 million, including roughly $3.02 million in ETH, $1.37 million in WBTC, and $1.47 million in stablecoins. The attacker later swapped the stolen funds into about 2,513 ETH.
