Optimism Hacker Sends 1 Million Tokens to Vitalik Buterin

Optimism hacker has sent 1 million $OP tokens to Vitalik Buterin worth around $874,000.
Optimism Hacker Sends 1 Million Tokens to Vitalik Buterin Feature

The hacker who sniped 20 million Optimism (OP) Tokens last week after a mistake by token partner Wintermute has sent 1 Million Token to the Ethereum wallet of Vitalik Buterin.

Optimism is a layer-2 scaling solution for Ethereum, and OP tokens are native to its new DAO.

Wintermute, a liquidity provider, partnered with Optimism to streamline the trading of OP tokens and facilitate airdrops.

The liquidity provider sent 20 million OP tokens to a multi-signature address, later discovered to be a layer-1 Ethereum multi-sig wallet that had yet to be deployed to the Optimism mainnet. As a result, the account and funds became inaccessible.

Wintermute planned a recovery operation, but a hacker beat them to it by exploiting the opportunity to successfully infiltrate and steal all 20 million tokens worth about $35 million.

The hacker then sold off 1 million of the tokens, even after law enforcement threats, and held on to the remaining 19 million. After remaining silent for over a week, the hacker has since sent 1 million tokens, worth around $874,000, to the public wallet Vitalik Buterin.

Optimism has made several positive headlines in the past few weeks, barring this mishap that has tarnished its image to some extent.

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James Satoshi
James Satoshi
James is a leader in Web3, NFTs, & DeFi with over 4 years of experience in the industry. You'll spot him covering all topics through-out Coinmash in our guides and analysis sections.