Poly Network Hacker Claims They Stole $600M ‘For Fun’

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In Brief
  • The Poly Network hacker released a Q&A via a series of Ethereum transactions.

  • After returning more than $550 million of the $600 million that they stole, the individual claims it was always the plan and the attack was "for fun."

  • The individual claiming responsibility stated that it was done with good intentions and to help the Poly Network realize it was compromised.

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The suspected hacker who stole more than $600 million from the Poly Network hosted a Q&A, stating it was all just ‘for fun.’ 

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Days after a cyberattack targetting the Poly Network decentralized finance (DeFi) platform that saw the thief make off with more than half-billion dollars, the individual responsible is speaking up after returning more than half of it. In a series of interactions posted to Twitter, the hacker claiming responsibility sent a number of messages explaining the attack. 

Poly Network hacker hosts Q&A

The first question asked was, “why hacking?” The user simply replies “for fun :).” In response to being asked why they transferred the tokens, the attacker stated that their intention was to keep it safe:

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“When spotting the bug, I had a mixed feeling. Ask yourself what to do had you facing so much fortune. Asking the project team politely so that they can fix it? Anyone could be the traitor given on billion! I can trust nobody!”

The solution which they came up with was to steal it and keep it in a trusted account while shielding their identity. Reading the responses given, it seems that whoever penned them is not a native English speaker — or is doing a good job of pretending not to be. 

The thief says that his identity was never compromised and that “I understood the risk of exposing myself even if I don’t do evil.” To ensure that didn’t happen, they used temporary email accounts and untraceable IPs. “I prefer to stay in the dar[k] and save the world. ” The person claiming responsibility also stated that they were “pissed by the Poly team for their initial response,” after “they urged others to blame and hate me before I had a chance to reply!” 

Returning $600 million

The hacker’s story appears to check out, especially considering they have already started paying back the stolen funds. Returning the money was always going to happen claims the individual. “I am not very interested in money! I know it hurts when people are attacked, but shouldn’t they learn something from those hacks?” They went on to say that the money has not been returned yet because the person has yet to talk with the Poly Network team and share tips on how to secure the network. “The Poly network is a well-designed system and it will handle more assets.” The user even quipped that Poly gained a lot of new Twitter followers after the hack. 

The hacker also claimed that Poly Network offered them $500,000 to return the stolen assets, which they will not claim. At the time of press, the hacker has returned all funds aside from $33 million in USDT that was previously frozen by Tether.

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Matthew De Saro is a journalist and media personality specializing in sports, gambling, and statistics. Before joining BeInCrypto, his work was featured on Fansided, Forbes, and OutKick. With a background in statistical analysis and a love of writing, he takes an outside-the-box approach to reporting news.

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