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via Cointelegraph · By Cointelegraph Staff
White Hat Helps Recover $2 Million from 2016 ICO Project
CS
Cointelegraph Staff(02:21 AM UTC)
1 min read
A pseudonymous white hat hacker has helped recover $2 million worth of Ether locked in a faulty initial coin offering (ICO) smart contract for almost a decade.
In a post to X on Sunday, the white hat, known as “0xflorent,” said they helped recover about 1,003 Ether (ETH) from 48 investors who participated in the Hong Coin (HONG) ICO, a decentralized venture capital fund that never launched due to…
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