The decentralized cryptocurrency exchange KiloEx announced the complete recovery of previously stolen funds following a massive hack that occurred on April 15, 2025. Approximately $7.5 million in crypto assets were stolen during the incident, but all losses have now been recovered.
This is reported by Business • Media
Investigation and Fund Recovery
In a statement on April 18, the KiloEx team reported that they had managed to recover the entire stolen amount. The investigation revealed that the hack occurred due to a vulnerability in the access mechanism to the price oracle. They also noted that the exchange suspended its operations for safety and to investigate the incident.
“We prioritize long-term collaboration with the community of ethical security professionals and view this decision as a cornerstone of mutual trust,” stated KiloEx.
Reward for the Hacker and Next Steps
According to official information, the hacker, who was presented to the exchange as a so-called “white hat,” received 10% of the stolen funds as a reward for discovering the exploit. Company representatives emphasize that they are focused on long-term collaboration with ethical security experts and aim to maintain trust in the crypto environment.
Prior to the official announcement, experts from the PeckShield platform published data indicating that over $5.5 million had been returned to the exchange from two addresses approximately linked to the hack.
Additionally, the exchange reached out to the hacker, urging them to return 90% of the stolen assets, and law enforcement currently has enough information to identify and block the hacker’s assets.