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The Daily Hodl
2023-02-28 17:55:53

French Police Arrest Hackers Allegedly Associated With Exploit of Avalanche-Based DeFi Protocol

French Police Arrest Hackers Allegedly Associated With Exploit of Avalanche-Based DeFi Protocol

The French National Police have arrested two individuals allegedly behind the $9.19 million hack on Avalanche (AVAX)-based decentralized finance (DeFi) protocol Platypus Finance. The French police also announced they seized €210,000 ($222,505) worth of cryptocurrencies. Platypus itself also confirms the development. Platypus, an automated market maker for stableswap, suffered three separate attacks on February 16th. The post French Police Arrest Hackers Allegedly Associated With Exploit of Avalanche-Based DeFi Protocol appeared first on The Daily Hodl .

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