The Solana-based Wormhole Bridge was hacked for $325 million after the attacker managed to exploit a security flaw, making it one of the largest exploits in crypto history.
A year later, a group of white hats, along with two crypto firms, launched a “counter-exploit” against the malicious entities and clawed back a portion of stolen assets tied to the exploit.
“Counter Exploit”
The counter exploit was jointly conducted by the decentralized finance platform Oasis and Web3 infrastructure company Jump Crypto. The latter was Wormhole’s parent company and had previously replaced all the lost funds. The vulnerability was also patched.
Wormhole offered a $10 million bug bounty and white hat agreement to the attackers in exchange for returning the funds, which never transpired. This kicked off an investigation with the help of both government and private resources. Fast forward to 21st February, Oasis received an order from the High Court of England and Wales to take all necessary st
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