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Crypto DeFi

NEAR Intents Says $3.8M Stolen Funds Fully Returned, Investigation Closed

NEAR Intents said the $3.8 million stolen in an earlier attack has been returned in full, who posted on X that the team is closing its investigation. The protocol had identified the entity behind the attack and given it 48 hours to return the funds. Shevchenko urged parties to report issues through the bug bounty program rather than disrupting the service.

Original source

AI take

A full recovery within a stated deadline is unusual in DeFi, where exploits typically end in partial returns or none at all. The public attribution and ultimatum appear to have done the work here, which matters for how similar incidents get handled — the negotiating posture, not the technical fix, decided the outcome. The open question is whether naming the entity involved sets a precedent other protocols copy, or whether this stays a one-off.

Generated by AI for reference only.

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