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Transit Swap ‘hacker’ Returns Lion’s Share of $23 Million in Stolen Funds: Funding Redefined by Cointelegraph

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Transit Swap ‘hacker’ returns the lion’s share of $23 million in stolen funds: Redefining Finance

Welcome to Finance Redefined, your basic weekly dose Decentralized Finance (DeFi) Insights – a newsletter prepared to bring you important developments over the past week.

TranitSwap hacker who escaped $23 million has returned 70% of the stolen funds. The payoff was possible due to the quick actions of the data analytics companies on the chain that were able to find the hacker’s IP address and other personal details.