Last year July, a hacker altered the deposit address displayed on Coindash’s, then siphoning approximately 37,000 ETH tokens from ICO contributors – at the time valued at approximately $10 million USD.
However, the good news as announced by coindash through its blog is that 20,000 ETH had been transferred to the company’s wallet at 12:01:41 AM +UTC in the last two days.
The transaction comprises the second time that the hacker has returned funds to Coindash, as 10,000 ETH tokens were sent to one of Coindash’s Ethereum wallets on September 19th, 2017 – then equating to approximately $3 million.
The transaction constitutes the second instance in which the hacker has returned funds to Coindash.
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Moreover, Alon Muroch, The CEO of Coindash, has issued a statement regarding the news, stating “Similar to the hack itself, the hacker’s actions will not prevent us from the realizing our vision, Coindash product launch will take place next week as originally intended.” Coindash’s product launch is currently scheduled for February 27th.
Is there still more to refund from the hacker to coindash? We don’t know yet. However, you can subscribe to our newsletter below for more updates.