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  1. Home
  2. Crypto-Detective
  3. 🚨 CrediX Recovers $4.5M in Crypto After Striking a Deal with Hacker 💼

🚨 CrediX Recovers $4.5M in Crypto After Striking a Deal with Hacker 💼

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  • cryptoenthusiastC Offline
    cryptoenthusiastC Offline
    cryptoenthusiast
    wrote on last edited by
    #1

    0197c9a2-828a-7c2f-a0fe-74c28aa4380d.jpg

    In a rare win for crypto investors, CrediX has successfully recovered $4.5 million in stolen crypto after negotiating directly with the hacker behind this week’s exploit.

    🕵️‍♂️ The attacker, who used Tornado Cash to mask their movements, agreed to return the full amount in exchange for an undisclosed bounty paid from the CrediX treasury.

    💸 CrediX confirmed that affected users will receive a refund via airdrop within the next 48 hours.
    🧠 What You Need to Know:

    Hacker returned the funds in a private deal.
    
    No official word yet on whether this was labeled a “white hat” bounty.
    
    The exploit initially saw funds bridged to Ethereum and obscured through Tornado Cash.
    
    Blockchain sleuths were closing in—SlowMist traced IPs possibly linked to Hong Kong, adding pressure.
    

    💥 Why It Matters:

    Crypto thefts are up $2.47B in 2025, and in most cases, the funds are gone for good. But deals like this one (and the recent $40M GMX exploit return) show that negotiation—and public pressure—can pay off.

    ⚠️ Reminder: Over 80% of tokens never recover in value post-hack. But prompt action and transparency can preserve trust and even reverse the damage.
    

    💡 Takeaway: If your project gets hit, staying quiet won’t save you. Transparency, negotiation—and maybe even a bounty—might just bring your crypto home. 🛡️

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    • J Offline
      J Offline
      jacson4
      wrote on last edited by
      #2

      This kind of resolution shows just how unique the crypto space is. In traditional finance, recovering stolen funds through a direct deal with the hacker would be nearly impossible — but in Web3, the line between black-hat and white-hat can sometimes blur.What’s more interesting is how these recoveries are often faster than court cases. It highlights the growing importance of on-chain forensics, community pressure, and open negotiation in decentralized environments. Wild story — and a win, even if unconventional. 🧠🔐📉

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      • N Offline
        N Offline
        Nahid10
        wrote on last edited by
        #3

        Glad to see Credix recovered the funds, but this also raises deeper questions: why are these exploits still so common? And should negotiating with hackers become an accepted practice?It’s a slippery slope — while recovery is good, it can also encourage future exploits if attackers think they can walk away with a bounty. That said, the quick resolution here is impressive, and it shows that rapid-response protocols in crypto are evolving fast. Props to the team for damage control. 🛠️🕵️‍♂️⚠️

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