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Crypto DeFi

NEAR Intents Gives Attacker 48 Hours to Return $3.8M

NEAR Intents’ general manager said the attacker who drained a preliminary $3.8 million from the protocol has been identified and issued a 48-hour window for the funds’ return, posting three addresses for the money. None of the addresses had received the funds as of early Oct. 2.

Original source

AI take

The 48-hour deadline and the publication of collection addresses turn this into a test of whether attribution alone can recover funds, since the addresses remained empty at the time of reporting. Naming an identified attacker raises the stakes for the protocol's credibility with users and integrators, but identification is not the same as recovery. The open question is whether the funds move before the window closes, and what the protocol does if they do not.

Generated by AI for reference only.

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