White hat hackers to the rescue! But so far, $16.5 million has been returned......out of $190 million 😔
The vast majority of it is in the form of USD Coin — with $2 million apiece of Wrapped Bitcoin, Tether and DAI recovered.Whereas black hat hackers are often motivated by financial gain, white hat hackers are driven by highlighting security vulnerabilities.
Nomad says it is continuing to investigate the breach with the assistance of TRM Labs and law enforcement to identify recipient wallets and coordinate the return of funds, adding: "As the investigation continues, all involved are preparing to take necessary action in the coming days, so please keep in mind that the timeliness of funds return is important."Worryingly, the $16.5 million represents less than 10% of the funds taken in the attack.
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