Loopscale Hacker Negotiates Return of $5.8M in Stolen Crypto

Loopscale Hacker Negotiates Return of $5.8M in Stolen Crypto

The hacker responsible for the recent $5.8 million exploit of Loopscale, a Solana-based decentralized finance (DeFi) protocol, is currently engaged in negotiations to return the stolen funds in exchange for a bounty, the platform confirmed. The breach, which occurred on April 26, resulted in the unauthorized withdrawal of approximately 5.7 million USDC (valued at $0.9997 per token) and 1,200 Solana (SOL) tokens (trading at $148.56) from two o...

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