Oasis 'Counter Exploits' Wormhole Hacker to Retrieve $225M on Court Order

Oasis 'Counter Exploits' Wormhole Hacker to Retrieve $225M on Court Order

full version at dailycoin
  • Oasis received an order from the High Court of England and Wales to retrieve the funds from an address associated with the Wormhole exploit.
  • The DeFi platform retrieved $225 million with the help of a whitehat hacker group.
  • The whitehat hacker group exploited a previously unknown vulnerability in the design of the admin multisig acess to retrieve the funds.

Oasis, a decentralized finance (DeFi) platform, has been able to retrieve the stolen funds associated with the Wormhole exploit.

Wormhole, a bridge on Solana, got exploited for around $326 million worth of wrapped ether (WETH) on February 2. The hacker then moved the stolen funds through various DeFi platforms, including...


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