Federico Jaime, a 20-year-old from Argentina, has publicly claimed responsibility for the $200 million Euler Finance exploit and is now under arrest in a Paris prison.
The alleged hacker gave an interview from a French prison, where he is currently held for what he describes as a „small money-laundering case.” The funds in question, totalling €200,000, reportedly comprise profits from an IT business he operates with his father and a portion of the cryptocurrency that Euler allegedly allowed him to keep post-exploit.
Deconstructing the Heist
Euler Finance, a decentralized finance (DeFi) lending protocol developed by UK-based Euler Labs, suffered a significant loss on March 13. The alleged hacker, Jaime, reportedly exploited a vulnerability in the protocol’s code, enabling him to redirect investor deposits into his personal wallets. Euler Labs has yet to comment on these recent developments. The company previously stated that the hacker had returned all the recoverable funds.
Despite h
We współpracy z: https://cryptodaily.co.uk/2023/07/alleged-hacker-behind-200m-euler-finance-exploit-arrested-eul
