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NEAR Intents recovers $3.8M after ultimatum to exploiter

NEAR Intents recovers $3.8M stolen after identifying exploiter and issuing ultimatum

  • NEAR Intents recovered the full $3.8 million stolen in a security breach.
  • The exploiter returned the funds after being identified and given a 48-hour ultimatum.
  • General manager Alex Shevchenko announced the complete recovery on Friday.

NEAR Intents has fully recovered approximately $3.8 million stolen during a Thursday security breach after the exploiter returned the entire sum on Friday.

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The team identified the individual behind the breach and gave them 48 hours to return the funds under a “responsible disclosure” policy, according to reports.

NEAR Intents general manager Alex Shevchenko confirmed the complete return of funds later on Friday.

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