Defrost Finance: Hacked Funds Returned, Affected Users Can Claim Assets Back Soon

Avalanche-based lending protocol Defrost Finance announced that the hacker involved in the V1 hack has returned the funds. The protocol team will soon start scanning the data on-chain to find out who owned what prior to the hack in order to return the assets to the rightful owners.

On-chain data shows that the hacker transferred around 2,443 $ETH and more than 9.91m $DAI to Defrost Finance's address.