Ronin ‘white hat’ attacker returns $10M in ETH after apparent accidental front-run
The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it as a bounty.
The maximum extractable value (MEV) bot that drained nearly 3,996 Ether (ETH) from the Ronin network bridge on Aug. 6 has returned nearly all of the funds, according to data from block explorer Etherscan. This indicates that the bot may have accidentally front-run the attack. At the time the ETH was returned, it was worth more than $10 million.
The bot returned the funds at 3:04 pm UTC. A total of 3,991 ETH was transferred to the Ronin team, while the remaining 5 ETH has not been returned. The Ronin team announced the return on social media platform X and stated that the bot’s owner was being rewarded $500,000 for discovering the exploit.
The team said it will only allow the bridge to be reopened after the vulnerability is patched and an audit is performed.
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Author: Christopher Roark
