Venus Protocol recovers user’s $13.5M stolen in phishing attack

Victim Kuan Sun praised Venus and partners after $13.5M recovery, calling it “a battle we actually won” through joint efforts.

Decentralized finance (DeFi) lending platform Venus Protocol helped a user recover stolen crypto following a phishing attack tied to North Korea’s Lazarus Group. 

On Thursday, Venus Protocol announced that it had helped a user recover $13.5 million in crypto after the phishing incident that occurred on Tuesday. At the time, Venus Protocol paused the platform as a precautionary measure and began investigating. 

According to Venus, the pause halted further fund movement, while audits confirmed Venus’ smart contracts and front end were uncompromised.

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