Defrost Finance Hacked, Claims Funds Have Been Recovered

Decentralized leverage trading protocol Defrost Finance, which recently disclosed that its protocol has been exploited for roughly $12 million through its V1 and V2 products, has issued an update stating that the V1 attacker has returned the exploited funds. “We will soon start scanning the data on-chain to find out who owned what prior to the hack in order to return them to the rightful owners.