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Defrost Finance crypto-heist

Updated on 2022-12-29: Defrost Finance crypto-heist

DeFi platform Defrost Finance was the victim of a flash-loan attack. Losses are estimated at $12 million, but the hacker returned the funds after three days. Read more: Details Concerning the Refunding Process

Overview

Attackers exploited the blockchain protocols of Defrost Finance to steal more than $12 million in assets by pulling off an ‘exit scam.’ Later, close to $3 million of the stolen fund was returned to the firm. Read more: Hacked Funds Returned to Defrost

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