Polygon Network Scam: Hacker refunds $260M Cryptocurrencies

The hacker who infiltrated Cross-chain decentralized finance (DeFi) platform Polygon Network and stole cryptocurrencies worth over $600 million has started refunding the stolen assets according to reports.

In a shocking move, the hacker reportedly sent back around $260 million worth of crypto he stole some hours earlier.

Following the hack, Polygon had sent out a letter on Twitter demanding a refund of the crypto asset and threatening to pursue the perpetrator(s) behind it.

“The amount of money you have hacked is one of the biggest in defi [decentralised finance] history.

“Law enforcement in any country will regard this as a major economic crime and you will be pursued.

“The money you stole are [sic] from tens of thousands of crypto community members, hence the people.” Polygon’s Letter read.

The fraudster then began to return the stolen assets – first in tiny bits and now in millions.

So far, the $256 million Binance Smart Chain (BSC) tokens, $3.3 million in Ethereum tokens, and $1 million in USD Coin (USDC) has been returned to the Polygon network.

NEXT: Bitcoin Price Analysis today: Breaking Local Highs above the $46k

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