Cryptohack Roundup: Return of Stolen KiloEx Funds

Also: Braiscompany Execs Sentenced, Addressing Bitget's Trading Anomaly Rashmi Ramesh (rashmiramesh_) • April 24, 2025

Every week, Information Security Media Group rounds up cybersecurity incidents in digital assets. This week, stolen KiloEx funds returned, Braiscompany execs sentenced, a Bitget trading anomaly, Bybit case update, SEC's new crypto-friendly chair, eXch shuttering, Oregon attorney general sued Coinbase, new Android malware and bug in XRP Ledger.

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The hacker who exploited decentralized exchange KiloEx for $7.5 million returned the full amount just four days after the attack. Blockchain security firm PeckShieldAlert alerted of the return, shortly before KiloEx confirmed full recovery of the stolen assets. The exchange had offered a 10% "white hat" bounty of $750,000 for the return of at least 90% of the funds, a move that likely influenced the hacker's decision. KiloEx has decided not to pursue ...