France Police have arrested two suspects accused of the cyber attack on the DeFi protocol Platypus and stealing more than $9 million worth of assets.
As per the incident on February 16, three separate exploitation attacks were launched on the platform. The attack carried out the theft of numerous stablecoins and crypto assets.
Platypus stated that it has successfully recovered 2.4 million USDC and 687,000 BUSD. It has also reached out to Tether, a stablecoin issuer to freeze 1.5 million USDT.
The French police disclosed $220,000 worth of seized crypto funds from two perpetrators.
Also Read: DeFiance Capital Founder Lost $1.6 Worth NFT in Cyber Attack
Furthermore, the Platypus thanked ZachXBT and Binance for helping to trace attackers. Also, it has contacted the Aave team to submit a proposal to their governance forum to rescue 380k assets (~2.8% of pre-attack assets).
As per the latest development, Platypus has launched the new main pool today that features stablecoin pools for stablecoins, including USDT, USDC, USDT.e, USDC.e, and DAI. By doing so, the protocol wants to restore the trust of traders and investors.
