Jump crypto & Oasis recover over $225 million stolen in Wormhole hack via court authorized counter-exploit


Jump Crypto, a provider of Web3 infrastructure and the decentralized finance (DeFi) platform Oasis.app has carried out a “counter exploit” on the Wormhole protocol hacker, recovering $225 million worth of digital assets and moving them to a secure wallet.

A flaw in the protocol’s token bridge allowed the Wormhole assault, which took place in February 2022, to siphon off roughly $321 million worth of Wrapped ETH (wETH).


The Oasis.app team said that it had received an injunction from the High Court of England and Wales to recover some assets tied to the address associated with the Wormhole Exploit in a blog post on February 24. This verified that a counter-exploit had occurred.

Read more at  Cryptopolitan.

About the author: Dissent

Comments are closed.