The exploiter has despatched the funds to a multi-sig pockets after what specialists presume to be a white hat hack.
Rho Markets, one of many high 10 largest protocols constructed on Ethereum Layer 2 Scroll, has misplaced over $7 million in an exploit.
Scroll responded by delaying chain finalization till Rho Markets was in a position to take management over the exploit response efforts.
The hacker drained about $7.5 million, in keeping with DeBank, after which despatched an onchain message to the Rho Markets workforce that mentioned their “MEV bot” profited from the protocol’s “oracle misconfiguration.”
“We perceive that the funds belong to customers and are prepared to completely return,” the attacker’s message mentioned. “However first we wish you to confess that it was not an exploit or a hack, however a misconfiguration in your finish. Additionally, please present what you’re going to do to stop it from occurring once more.”
There was no public response from Rho Markets but, nevertheless the hacker despatched the entire $7.6 million in stolen funds to a multi-sig. It’s but to be decided whether or not or not that multi-sig is co-owned by Rho Markets.
Onchain sleuth ZachXBT mentioned on X, the “exploiter has a ton of publicity to centralized exchanges so would say there’s a great likelihood this will get recovered and they’re grey or white hat.
