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August 13, 2021
Comments Off on Cyber Criminals Gave Back At least $300 Million Stolen from Poly Network
Recently, the world is seeing criminal attacks go rampant. Especially in the online world where buyers undergo huge losses. On Wednesday this week, Cybercriminals gave back almost six hundred million dollars. The huge amounts got stolen from the Defi site, Poly Networks.
“The Money Heist”
In history, this act has been one of the hugest digital currency heists. In their announcement, the platform said that 260M dollars got restored till Wednesday. Several cryptocurrencies like 
ETH (Ethereum) received an effect. The Binance smart chain, as well as polygon, were also on the list of Cyber victims. There was a return of around 3 million dollars in Ether and 256M dollars in BSC (Binance Smart Chain).
ETH (Ethereum) received an effect. The Binance smart chain, as well as polygon, were also on the list of Cyber victims. There was a return of around 3 million dollars in Ether and 256M dollars in BSC (Binance Smart Chain).Plea to Return
Criminals returned funds after Poly pleaded with hackers on Tuesday. This was to give back the stolen funds. The Defi platform also urged its clients and exchange platforms. The given orders were to stop tokens from the criminals’ wallets. Historically, the total amounts siphoned from the Poly platform were hugest. This statement was according to the tweet posted by the Defi site. Their tweet also said that most people became negatively affected by the ‘money heist’ act.
On Wednesday there was communication between hackers and the Defi platform. From the hacker’s end, a statement read that they are ‘ready to return’ stolen money. Plans to restore the whole amounts remain not clear. At least 269M dollars of Ether and 84M dollars from Polygon are not yet recovered. It was totally a dry joke for hackers to say that they hacked the system to steal money for fun. According to them, hacking activities on the blockchain system are turning out hot. This statement was from the Q&A forum attached to Ether’s transactions. The transactions were from accounts with lost digital assets. Tom Robinson from Elliptic got screenshots from the affected exchange.
Hackers Say Poly is Decent Platform
Poly 
Network system had bugs spotted by funny hackers. The criminals said that they were able to spot some bugs in the application. Therefore, they took money to keep it secure. Sarcastically, they added that Poly is a smart application. They also said that the attack was an act that any hacker can consider fun.
Network system had bugs spotted by funny hackers. The criminals said that they were able to spot some bugs in the application. Therefore, they took money to keep it secure. Sarcastically, they added that Poly is a smart application. They also said that the attack was an act that any hacker can consider fun.The Defi world has numerous online crimes. So far, these crimes have added up to at least three-quarters of the digital currency money heists in 2021. This was on the basis of a deduction made by an intelligence department from Ciphertrace.
Crypto Theft and Hacks Report
In their reports, there were main virtual currency attacks and fraudulent acts. The total ranged to around 681M dollars. Breaking down such attacks and fraudulent acts were shortly confirmed. This was following the trends at the start of this year. Ransomware escalations are targeting sensitive infrastructures, therefore, contributing to the sickening trend. As part of the analysis, the flash loan aspect has been another item used in most crimes both in 2020 and 2021.
