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70 Greed

Near Intents says attacker returned all $3.8 million after exploit

Near Intents says attacker returned all $3.8 million after exploit Image: Unchained
Image via Unchained.

Near Intents said an attacker returned the roughly $3.8 million taken in an exploit. General manager Alex Shevchenko wrote that the funds were sent back in full and that the investigation is stopping. The return followed his public message, "We have identified you, sir," and a 48-hour window. An on-chain note said, "We've returned all the funds, we were in the wrong."

Key points

  1. Near Intents said the roughly $3.8 million drained in the exploit was returned in full.
  2. Alex Shevchenko, the protocol's general manager, said the team is stopping its investigation.
  3. The return followed his public message, "We have identified you, sir," and a 48-hour ultimatum.
  4. An on-chain message attributed to the exploiter said all funds were returned and the attacker was in the wrong.
  5. The exploit stemmed from a bug in how the Omni deposit and withdrawal layer interacted with the main smart contract.

Why it matters

Near Intents had halted service after the exploit and pledged to compensate users in full. It said a detailed report would follow, so a full public account of the vulnerability is still pending.

What's unclear

Shevchenko confirmed the remaining funds came back another way but did not say how.
Neither executive detailed how the attacker was identified.

Price context · NEAR

At publication
$5.02
Now
$5.02
Change since
+0.00%
7 days · dashed line = publication

Sources · 2 publishers

Decrypt Tier 1 First report
'We Have Identified You, Sir': Near Intents Recovers $3.8 Million After 48-Hour Ultimatum
Unchained Tier 1
NEAR Intents Says Exploited $3.8 Million Is Back, Closes Its Hack Investigation

Coverage timeline

  1. First reported by Decrypt
  2. Confirmed by Unchained
  3. CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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