CashioApp Exploiter Reaches out to Return the Funds

  • Cashio exploiter posted a message.
  • The message said that the exploiter understands gathering information is hard.
  • He further said to make sure no one is missed and also to make sure that every refund request is 100% valid.
  • He has asked Cashio to send a message to the same eth address when they are ready for a refund.

Within hours of the heist, the exploiter posted a message in an Ethereum transaction. He stated that he would return stolen funds to those who had less than $100,000 in the affected liquidity pools.

To be concise, liquidity pools allow trading on decentralized exchanges, where hodlers lock their funds in a certain trading pair and earn interest on the locked crypto. The exploiter went on to say that “all other money will be donated to charity,” an unsubstantiated claim.

The exploiter has already returned the funds in $CASH to token holders. Moreover, he’ll be sending the remaining amounts to users whose pool share was less than $100,000.

The hacker takes only the money owed to those victims and gives it to the community manager, but the victims do not have immediate access to their money.

According to Blaine, a debate is raging on social media about whether the returned funds, which are a relatively small portion of the total amount stolen, should be divided among all victims or given to individuals with less than $100,000 at stake hacker intended.

Although Blaine accepts responsibility for his losses as a result of his decision to invest his money with Cashio rather than another asset, he believes the money should be refunded as the hacker intended. Following the exploiter’s wish, according to Blaine, may allow Cashio or the authorities to recover more money from the hacker for everyone.

Cashioapp Exploiter Reaches Out To Return The Funds

Today the hacker posted another message in an Ethereum transaction. The message said that the exploiter understands gathering information is hard. He has asked to take more time and to make sure that everyone is included. He further said to make sure no one is missed and also to make sure that every refund request is 100% valid.

Further, he said that the website is ok instead of the file. He has asked to create a downloadable CSV file with each question parsed so that he can automate some refunds. The exploiter even said that he will wait until Cashio gets ready.

Once Cashio is ready he will start refunding. He said to send a message to this eth address when Cashio is ready for a refund. He concluded by saying he is sorry for all pain caused but the money will save a lot of lives.

Cashioapp Exploiter Reaches Out To Return The Funds
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Chaahat Girdhar

I'm Chaahat Girdhar, a journalist by profession who's turning her dreams into vision and vision into reality. I'm curious and have an appetite for gaining new knowledge. So I'm looking forward to learning things in the better way possible.