'We Have Identified You, Sir': Near Intents Recovers $3.8 Million After 48-Hour Ultimatum
Summary
Near Intents said the roughly $3.8 million stolen in a Thursday exploit was returned in full the following day, and it ended its investigation. The service had halted operations after a flaw in its Omni deposit and withdrawal layer allowed an attacker to drain funds. The team had identified the attacker, offered a 48-hour window to return the money, pledged to compensate users and reported the incident to law enforcement. An on-chain message from the exploiter acknowledged wrongdoing and encouraged use of bug bounties. Near Intents, which facilitates token swaps across 35 blockchains, has processed more than $30 billion in swaps.
