A victim of a phishing scam has received a significant portion of their stolen funds back ten months after falling victim to a $24 million heist.
The incident, initially reported by Scam Sniffer on July 13, revealed that the scammer utilized Dai stablecoin to return nearly $9.3 million of the stolen funds across two transactions.
According to Etherscan data, the first transfer amounting to $5.23 million was returned on July 8, followed by another $4.04 million sent on July 13 at 12:06 pm UTC.
On September 6, 2023, the user lost 9,579 Lido Staked Ether (stETH) and 4,850 Rocket Pool (rETH) tokens in the phishing attack.
The scam involved the victim unwittingly enabling token approvals to the scammer through “Increase Allowance” transactions, a feature of ERC-20 tokens allowing third-party spending rights.
At current market values, the returned $9.3 million represents approximately 38.4% of the stolen funds based on prices from the time of the theft.
Notably, the staked Ether alone would be valued at around $47.5 million at today’s prices.
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