{"id":309882,"date":"2023-03-17T09:35:40","date_gmt":"2023-03-17T09:35:40","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=309882"},"modified":"2023-03-17T09:34:58","modified_gmt":"2023-03-17T09:34:58","slug":"euler-finance-hacker-sent-100eth-to-ronin-bridge-exploiter","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/euler-finance-hacker-sent-100eth-to-ronin-bridge-exploiter\/","title":{"rendered":"Euler Finance hacker sent 100ETH to Ronin Bridge exploiter"},"content":{"rendered":"<p>Euler (<a href=\"https:\/\/cryptoslate.com\/coins\/euler\/\">EUL<\/a>) Finance exploiter sent 100 Ethereum (<a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">ETH<\/a>) \u2014 worth $170,468 \u2014 to the Ronin Bridge exploiter on March 17.<\/p>\n<p>On-chain analyst Lookonchain <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1636586003174678528?s=20\">questioned<\/a> whether the transaction showed that the two hackers were the same person or if the transfer was intentional.<\/p>\n<p>The Ronin Bridge exploit was linked to the infamous North Korean hacker group Lazarus \u2014 circulating speculations of whether the group was also behind Euler Finance's exploit.<\/p>\n<p>Meanwhile, the transaction does not provide conclusive evidence about the relationship between both parties. The Euler Finance attacker had tried to <a href=\"https:\/\/cryptoslate.com\/euler-finance-hacker-moves-stolen-fund-as-protocol-offers-1m-bounty\/\">obfuscate<\/a> his transactions through sanctioned mixing protocol Tornado Cash. The attacker also sent 100 ETH to one of the victims of the exploit.<\/p>\n<p>The Lazarus group was <a href=\"https:\/\/cryptoslate.com\/us-claims-north-koreas-lazarus-group-responsible-for-axie-infinity-hack\/\">responsible<\/a> for the $625 million Ronin bridge exploit in March 2022, according to the Federal Bureau of Investigation (FBI). The US Department of the Treasury <a href=\"https:\/\/home.treasury.gov\/policy-issues\/financial-sanctions\/recent-actions\/20220414\"><span class=\"s4\">added<\/span><\/a> the hacker group to its Office of Foreign Assets Control (OFAC) sanctions list.<\/p>\n<p>The FBI has also held Lazarus Group and APT38 as responsible for the $100 million exploit of the Horizon bridge. Although the North Korean government has denied sponsoring Lazarus and APT38, law enforcement agencies have <a href=\"https:\/\/cryptoslate.com\/north-korean-hackers-reportedly-stole-1-2b-in-crypto-since-2017\/\">linked several crypto attacks<\/a> to North Korean hackers.<\/p>\n<h2>Euler Labs CEO said exploited codes were audited<\/h2>\n<p>The Euler Labs CEO Michael Bentley <a href=\"https:\/\/twitter.com\/euler_mab\/status\/1636411178615451648?s=20\">said<\/a> the DeFi protocol has always been a security-minded project, adding that its smart contracts \u2014 including the vulnerable lines of code \u2014 were audited.<\/p>\n<p>Bentley was responding to a victim who tweeted that the protocol had had ten different audits from six firms between 2021 and 2022.<\/p>\n<p>In a March 17 Twitter thread, Bentley said this was the most challenging period of his life as he had to sacrifice time with his newborn son. For this, he said he would never forgive the attacker.<\/p>\n<p>The CEO reiterated the project's commitment to finding the attacker, urging anyone with information that could lead to his arrest to come forward.<\/p>\n<p>Bentley concluded that:<\/p>\n<blockquote><p>&#8220;Everyone associated with Euler is working tirelessly to achieve the best possible outcomes as quickly as possible.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Euler (EUL) Finance exploiter sent 100 Ethereum (ETH) \u2014 worth $170,468 \u2014 to the Ronin Bridge exploiter on March 17. On-chain analyst Lookonchain questioned whether the transaction showed that the two hackers were the same person or if the transfer was intentional. The Ronin Bridge exploit was linked to the infamous North Korean hacker group [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":309889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76799,16041],"tags":[72190,78439,78440,77855],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Euler Finance hacker sent 100ETH to Ronin Bridge exploiter<\/title>\n<meta name=\"description\" content=\"Euler Labs CEO Michael Bentley tweeted on March 17 that the DeFi protocol&#039;s exploited lines of codes were previously audited.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/euler-finance-hacker-sent-100eth-to-ronin-bridge-exploiter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Euler Finance hacker sent 100ETH to Ronin Bridge exploiter\" \/>\n<meta property=\"og:description\" content=\"Euler Labs CEO Michael Bentley tweeted on March 17 that the DeFi protocol&#039;s exploited lines of codes were previously audited.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/euler-finance-hacker-sent-100eth-to-ronin-bridge-exploiter\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-17T09:35:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-17T09:34:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/03\/hacker-euler-finance.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/euler-finance-hacker-sent-100eth-to-ronin-bridge-exploiter\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/euler-finance-hacker-sent-100eth-to-ronin-bridge-exploiter\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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