The company “dForce” was previously subjected to a cyber attack in which $ 25 million in cryptocurrency was stolen, we covered the news on the Arab Bitcoin website.

To show a new fact made by Mr. Mindo Yang, founder of “dForce” that hackers who stole the company’s assets worth $25 million have begun to communicate for possible negotiations.

“Yang” and through a detailed statement detailing how it all happened, and hinting at the new development, however, based on the information conveyed by experts, it seems that the hackers may actually return the box.

Although a surprising relationship emerged between the company and the hackers who took over 99.9% of the company’s fortune, efforts were already made with the help of security companies and agents to recover the fund.

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The attack comes a few days after completion dForce to a funding round led by MultiCoin Capital, with the participation of CMBI and Huobi Capital.

Soon after, dForce’s lending platform lendf.me – reported as an update from Compound v1 – was attacked by hackers.

The hackers “imBTC” used the fake content to exchange it with Ethereum and moved the fund from “dForce” to “Compound” and “Aave.” The attack put “Yang” in a state that no platform owner would wish to be in his place, as he learned of the attack around 9:15 AM (UTC + 8) via the platform’s internal control system.

“Yang” said in statement On a blog, this is excerpted from:

The situation is evolving, and we are learning more every minute, but it seems that the hackers have finished their attack.

According to him, the unidentified hacker exploited the loopholes in imBTC’s ERC777 standard to achieve a re-entry attack.

ERC777’s response mechanism, according to him, gave hackers the way to make imBTC withdraw repeatedly before updating the balance, which was supported by PeckShield analysis.

Communication and negotiation:

At the same time, to allay the concerns of the platform users, Yang said that hackers are now trying to contact him and are willing to engage in discussions with him as soon as possible. He told Yang:

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Hackers have attempted to contact us and we intend to engage in discussions with them.

Yang said law enforcement has been contacted about the issue, and asset issuers and trading platforms have been notified to blacklist the hackers’ addresses.

Money to be returned?

The above-mentioned hackers are already in the process of returning the box, which was revealed by the information revealed by the cryptographic observer in the name of “Frank Top Bottom”.

It appears that dForce has already negotiated with the hackers as there are now indications of refunds.

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It appears that the “attacker” has negotiated with the dForce team to start returning assets he can’t use because they are centrally issued and already blacklisted in the only place they can be swapped. Huobi BTC is an ERC-20 shell of BTC redeemable only at Huobi

– Larry Cermack (lawmaster) April 19, 2020

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