GMX Hacker Turns Hero—Returns $40M, Dumps the Rest in Tornado Cash
5
3
In a plot twist even Hollywood wouldn’t dare script, the GMX exploiter just pulled off a white-hat heist—returning $40 million while laundering the remainder through Tornado Cash. Talk about mixed morals.
From Villain to Vigilante
The hacker—who initially drained funds from GMX’s vaults—suddenly switched gears, refunding nearly half the haul. The rest? Vanished into crypto’s favorite privacy blender. Auditors are still scratching their heads.
DeFi’s Schrödinger’s Thief
Was it a moral awakening or a calculated PR move? Either way, the exploit-turned-refund highlights DeFi’s wild west ethos: steal first, negotiate later. Meanwhile, TradFi bankers are still charging $50 wire fees for fun.
Daily Debrief Newsletter
Start every day with the top news stories right now, plus original features, a podcast, videos and more.Your EmailGet it!Get it!
By:
