GMX Hacker Returns $37.5 Million in Stolen Crypto Including 9,000 ETH and 10.5 Million Frax
The post GMX Hacker Returns $37.5 Million in Stolen Crypto Including 9,000 ETH and 10.5 Million Frax appeared on BitcoinEthereumNews.com.
On July 11, the GMX Security Committee confirmed the recovery of $37.5 million in crypto assets previously compromised by a hacker. The restitution includes roughly 9,000 ETH and 10.5 million Frax tokens, which were returned to the committee’s multi-signature wallet. This development underscores the effectiveness of coordinated security protocols and highlights the growing importance of multi-signature accounts in safeguarding digital assets. According to Paidun monitoring, the incident marks a significant step toward asset recovery and reinforces trust within the decentralized finance ecosystem. Market participants are closely monitoring the situation as it sets a precedent for handling large-scale crypto breaches with transparency and accountability. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/gmx-hacker-returns-37-5-million-in-stolen-crypto-including-9000-eth-and-10-5-million-frax/
Filed under: News - @ July 11, 2025 12:21 pm