Jump Executes Counter Exploit Against Wormhole Exploiter | Blockworks Research
Jump Crypto has seemingly recovered 120.69k wstETH and 3.21k rETH ($225M of assets) from the infamous Wormhole Exploit that occurred one year ago. A recovery group, what appears to be Jump Crypto and Oasis, “counter exploited” an upgradable proxy contract on the Oasis protocol, securing the stolen funds and transferring them to a fresh wallet. Jump nor Oasis have publicly confirmed this. The Wormhole Exploiter (the Exploiter) has continuously shuffled the stolen funds through various dapps on
Jump Executes Counter Exploit Against Wormhole Exploiter | Blockworks Research Sign In Jump Executes Counter Exploit Against Wormhole Exploiter MKR Exploit D Dan Smith February 24, 2023 Key Takeaways It is currently unproven if the Sender and Holder addresses are owned by Oasis or Jump. However, our base case is that Jump has control of these addresses, given Jump paid down the debt to withdraw the collateral. Thus, it appears Jump successfully counter attacked the Wormhole Exploiter and retrieved the ETH that was stolen from it one year ago. After considering the DAI repayment to retrieve the
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