GMX Hacker Promises Return of Stolen Crypto Funds: Investigation Ongoing

11 July, 2025, 09:29 PM

The person suspected of hacking decentralized spot and perpetual exchange GMX has indicated they intend to return the stolen funds. A transaction message linked to the exploit stated "funds will be returned later," offering a glimmer of hope for the affected users and the GMX protocol. The GMX exploit, which resulted in a significant loss of user funds, has sent ripples through the DeFi community. Investigations are underway to determine the full extent of the breach and to identify the perpetrator with certainty. While the promise of returned funds offers some relief, uncertainty remains. The exact timeline and method of the return are unknown. The GMX team is likely working diligently to recover the stolen assets and implement enhanced security measures to prevent future attacks. Further details will emerge as the investigation progresses. The incident underscores the inherent risks associated with decentralized finance and the importance of robust security protocols. ```