Venus Protocol Aids User in Recovering $13.5M from Phishing Attack

Decentralized finance platform Venus Protocol has successfully assisted user Kuan SUN in recovering $13.5 million stolen in a sophisticated phishing attack. The breach, allegedly linked to North Korea's Lazarus Group, exploited a compromised Zoom client to gain device access.

Attackers manipulated Sun into authorizing them as Venus delegates, enabling unauthorized borrowing and redemptions. Security firms Hexagate and Hypernative detected the breach within 20 minutes, triggering an operational pause. Venus Protocol's swift community vote implemented protective measures while confirming the platform's front-end remained secure.

The protocol's team completed investigation, fund recovery, and system restoration within 12 hours - a response time that sets new benchmarks for DeFi crisis management. Sun publicly acknowledged the effective intervention through a gratitude thread on social media.