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.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.
an order from the High Court of England and Wales to take all necessary steps to retrieve assets involved with the wallet address associated with the exploit., $140 million worth of assets were successfully recovered following a counter-exploit. The retrieval was initiated via the Oasis Multisig, and the funds were returned to a court-authorized third party. The counter exploit was only possible with the approval of the Oasis Multisig.
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