White Hat MEV Bot Operator Returns Profits from Alchemix Attack


This article has been republished with permission from Binance News.

According to Foresight News, DeFi lending protocol Alchemix has announced that a white hat MEV bot operator has returned the 43.3 ETH profit they obtained through arbitrage during the Curve alETH/ETH pool attack incident.

The operator, who was able to exploit the vulnerability in the system, has now returned the funds, demonstrating a responsible approach to the situation. This incident highlights the importance of addressing security concerns in the DeFi space to prevent future attacks and protect users’ assets.

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