Nomad Bridge Hack | Hackers Returned $17 Million

Hi everyone, hopefully you are fine and having fun with your family and friends

Nomad Bridge was exploited recently as a result $200 million were stolen by hackers. The lost funds are definitely a Big amount that cannot be ignored. However the Nomad team already doing work with law enforcement agencies to recover the stolen funds.

The Nomad team has clearly said that they will not let the hackers go easily. Nomad has already gave an address for hackers to return funds. Till now $17 million has been returned to the address given.

The amount returned back is very little . The returned amount is less than 10% of the stolen Funds. Nomad said that they will take very strict action to those who will not return the funds. After the Nomad bridge hack the stablecoin lost the peg which is the worst thing.

This is not the first incident of hack, many projects have been exploited recently. Even top projects that claims to be the strongest ones when it comes to security, have been the victoms.

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