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Hacker returns cryptocurrency stolen from GMX exchange after $5 million bounty payment

ID: 5b983cf4-7563-5215-9a54-c90df6364fcf

STIX ID: report--5b983cf4-7563-5215-9a54-c90df6364fcf

Feed Name: The Record from Recorded Future News

Threat Score
70/100

Date Published: 2025-07-11

Date Updated: 2026-05-01

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GMX, a decentralized exchange, was exploited for roughly $42 million; the attacker later returned about $40.5 million in exchange for a $5 million bounty, GMX patched the vulnerability and intends to make users whole from treasury funds, and the attacker may still face legal consequences despite the negotiated return.

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