🌋 Platypus Finance Hackers Cleared in Court

posted  4 Dec 2023
Photo - Platypus Finance Hackers Cleared in Court
A French court has exonerated two brothers of criminal charges related to the $8.5 million Platypus Finance hack in February 2023.

The accused were apprehended within a week of the breach with assistance from crypto researcher ZachXBT and Binance. The brothers had claimed they planned to return the stolen assets for a 10% reward.

The court ruled that accessing a public smart contract does not constitute unauthorized computer access or fraud. Although criminal charges have been dropped, the court noted that Platypus Finance retains the option to pursue a civil lawsuit.