Source: Cointelegraph Original: "{title}"

The hacker who executed the $7.5 million attack on KiloEx returned $5.5 million worth of cryptocurrency four days after the incident.

According to Cointelegraph's report on April 15, the decentralized exchange (DEX) KiloEx suspended its platform operations following the $7.5 million attack.

Surprisingly, the wallet address that carried out the attack has returned $5.5 million worth of cryptocurrency to the DEX.

A post on the X platform by blockchain security firm PeckShieldAlert on April 18 stated, "The address marked as the KiloEx attacker has returned approximately $5.5 million worth of cryptocurrency to KiloEx."

After KiloEx promised a $750,000 "white hat" bounty (10% of the stolen amount, contingent on the return of 90% of the stolen assets), the hacker unexpectedly made the repayment.

The platform indicated that it is collaborating with law enforcement and several cybersecurity firms, including Seal-911, SlowMist, and Sherlock, to further investigate the hacker's activities and identity.

PeckShield noted in a post on the X platform on April 14 that the initial attack may have been triggered by a "price oracle issue," where the information used by the smart contract to determine asset prices was manipulated or inaccurate, leading to the attack.

Related: DeFi platform KiloEx offers $750,000 bounty to hacker

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