newstech.world

Sentiment has recovered $870,000 after negotiating with the hacker who stole over $1M worth of crypto from the company.

The hacker was offered $95,000 to return 90% of the stolen funds.

Sentiment sent a message to the hacker offering $95,000 if the hacker returned the funds by April 6, urging the hacker to return them.
Initial estimates of the lost funds were around $500,000, but after a while, community members stated that the losses stood at around $1M.
Some reports have claimed that the attack may have been a re-entry attack, while others said that the threat actor relied on a bug.
The company threatened to offer a public bounty of $95,000 for anyone with information on the case if the threat actor didn't return the funds.
The breach occurred on April 4.

Sentiment recovers $870,000