The hacker who exploited Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has reached a compromise with the decentralized finance (DeFi) protocol to return the majority of stolen funds while keeping some as compensation — a resilience that mirrors how developers keep building through downturns.
The team announced today that “after a long negotiation,” the hacker returned ETH 6,064 (USD 7.19m) and SOL 23,967.9 (USD 892,565), while keeping the remaining SOL 45,455 (USD 1.69m) as “the white hat bounty”.
As reported, the Solana-powered project lost around USD 9m worth of crypto assets in a flash loan attack over the weekend — one of many exploits alongside the Nomad bridge hack.
At the time, the protocol shared the addresses linked to the hacker and claimed that they would be tracking the movement of stolen funds — a playbook seen in other thefts like the Axie Infinity Ronin hack.
“More and more relevant organizations are providing valuable clues for us. Also, we’re still open to a communication with the hacker before the time window is closed,” the project said back then.
