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NEAR Intents Says Full $3.8 Million Stolen in Separate Hack Has Been Recovered

NEAR Intents says the full $3.8 million stolen in a separate hack has been recovered and its investigation is closed.
NEAR Intents says the full $3.8 million stolen in a separate hack has been recovered and the investigation is closed.

NEAR Intents says the full $3.8 million stolen in a separate hack has been recovered and that its investigation into the incident is now closed, according to Cointelegraph.

NEAR Intents Reports Recovery of Stolen Funds

Cointelegraph reported the development in a post on X, citing a statement from NEAR Intents. The platform said the entire $3.8 million taken during the separate hack had been returned.

The recovery means the amount identified as stolen in the incident is no longer missing, based on the information provided by NEAR Intents. The platform also said that its investigation into the incident has been closed.

Cointelegraph's post did not provide further details about how the funds were recovered, who was responsible for the hack or the circumstances that led to the return of the assets.

Investigation Into Hack Closed

NEAR Intents' statement marks the conclusion of its investigation into the incident, according to the report.

The source did not disclose the findings of the investigation or identify the individuals or entities believed to have carried out the attack. It also did not provide details about the specific assets involved in the $3.8 million theft or the transactions associated with their recovery.

As a result, the available information establishes the reported recovery and closure of the investigation but does not provide additional conclusions about the cause of the hack or those responsible.

$3.8 Million Recovery

The recovery of the full $3.8 million distinguishes the latest update from the initial theft reported in connection with the separate hack. NEAR Intents' statement indicates that no portion of the reported amount remains unrecovered.

The platform's decision to close its investigation also represents the latest stated status of the incident. Cointelegraph did not report any additional investigation, legal action or future security measures in its X post.

Writer: Ethan Collins  

Crypto Journalist

Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.

He focuses on presenting complex topics in a clear and accessible manner for a broad readership.

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