Velodrome Says $350K Stolen by Team Member, All Funds Recovered

Optimism-based DEX Velodrome announced that the attacker who stole $350k from a team-owned wallet of Velodrome on August 4th was Gabagool, a team member of Velodrome. The Velodrome team had severed relationship with Gabagool and was working with legal counsel to determine the next steps. Velodrome said that all the stolen funds had been recovered, and all users funds remained safe.