The decentralized exchange KiloEx has reported the return of previously stolen funds amounting to $7.5 million, minus 10%. The hacker who executed the breach on April 15, 2025, received this amount for disclosing a vulnerability in the security system.
This is reported by Finway
Recall that as a result of the hack, KiloEx suspended its operations to conduct an investigation. In a statement from the exchange team, it was noted that the entire amount of funds was successfully returned, except for the portion that was decided to be paid to the hacker as a reward for information about the exploit. In KiloEx’s publication, it states:
“We prioritize long-term collaboration with the community of ethical security professionals and view this decision as a cornerstone of mutual trust”
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The breach raised serious concerns among the platform’s users. Following the incident, the KiloEx team reached out to the hacker, urging the return of 90% of the stolen funds, which was accomplished. It is known that $5.5 million was returned to the exchange from two addresses likely associated with the hacker.
Additionally, KiloEx announced its intention to close this case in cooperation with judicial authorities, stating that there would be no further prosecution of the hacker, as the matter was resolved with the agreement of all parties. Thus, the exchange emphasizes its commitment to ensuring security and maintaining trust among its users.