According to Moolat’s social media update, the perpetrator of the US$9.1 million Moola Market scam returned nearly the entire loot in payment for an unknown ransom on Wednesday. Moola Markets, a DeFi initiative, declared on Oct. 19 that they have suspended their lending protocol on the Celo blockchain owing to an exploit and that they were willing to negotiate a bounty for the funds. The perpetrator apparently contacted the protocol within 10 minutes after Moola’s offer, kicking off many hours of discussions for the payments. According to Moola, the exploiter restored 93.1% of the stolen assets and contributed a portion of the remaining monies to ImpactMarket, a Moola Market depositor that provides financial support to underserved areas throughout the world.
