DeFi platform oasisdotapp says it has exploited its own code to recover assets stolen from Wormhole, following a court order. lizknapolitano and realdannynelson report
Decentralized Finance platform Oasis said Friday it seized assets tied to last year’s $140 million exploit of the Wormhole bridge and returned them to an “authorized third party” after being ordered to do so by a British court., Oasis, which develops multi-signature wallet software that the hacker deposited funds into, said whitehats recently notified it of “a previously unknown vulnerability in the design of the admin multisig access.” Following a Feb 21.
“We stress that this access was there with the sole intention to protect user assets in the event of any potential attack, and would have allowed us to move quickly to patch any vulnerability disclosed to us,” Oasis said. It said it returned the funds to an “authorized third party.” A Blockworks article that preceded Oasis’ blog post identified Jump Crypto – developer of Wormhole – as the owner of the wallets that received the seized funds.
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