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Hacker Takes Bounty Deal, Returns $5.7 Million to ZKsync After Token Heist
Key Takeaways
- ZKsync recovered around $5.7 million in stolen crypto after the attacker accepted a 10% bounty and returned the rest;
- The funds were returned on April 23 in three transfers across ZKsync Era and Ethereum wallets;
- A full report is coming soon, which will detail the breach and how ZKsync plans to strengthen future security.
ZKsync, a Layer-2 scaling protocol on Ethereum, has successfully recovered approximately $5 million worth of crypto after the person behind the attack agreed to keep 10% as a reward and return the rest.
The security incident happened on April 15, which targeted a contract used for distributing tokens.
To resolve the situation, ZKsync offered a "safe harbor" option—no legal consequences if the stolen funds were returned within 72 hours. The hacker responded by sending back around $5.7 million in three separate transactions on April 23.
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Two of those transactions were made on the ZKsync Era network. One included $2.47 million in ZKsync tokens, while the other carried $1.83 million in ETH
According to blockchain records, the first return took place at 2:39 PM UTC, and the final transfer was made just 13 minutes later—all within the agreed timeframe.
The ZKsync Association shared the update on X, saying, "We’re pleased to share that the hacker has cooperated and returned the funds within the safe harbor deadline".
Additionally, ZKsync plans to release a full report explaining how the attack happened, what went wrong, and what steps will be taken to improve security.
On April 21, Bybit CEO Ben Zhou shared new details on X about the February digital asset theft linked to North Korea’s Lazarus Group. What did he say? Read the full story.