Hacked Funds Returned to Defrost

Defrost
Dec 26, 2022

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They will soon be claimable by their owners.

The Defrost Team is glad to announce that the hacker involved in the V1 hack has returned the funds.

The funds and transactions can be monitored here: 0x5Ad30D7Ec1Ff9D95031E2b4ec2698Df29262867B (/https://etherscan.io/address/0x5Ad30D7Ec1Ff9D95031E2b4ec2698Df29262867B.) This address is controlled by Defrost and the assets are safe.

We will soon start scanning the data on-chain to find out who owned what prior to the hack in order to return them to the rightful owners. As different users had variable proportions of assets and debt, this process might take a little. However, it will be concluded fairly swiftly.

Please be aware that the entire operation will be managed transparently using a new contract and that will allow the addresses of affected users to claim their fair share.

We appreciate the support and understanding of our community and partners at this most difficult time.

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Defrost

Decentralized leveraged trading on #Avalanche. Use a unique yield-aggregating supervaults to maximize the returns on liquidity and trade with ease. Coming soon.