Balancer Decentralized Autonomous Organization (DAO), the entity behind the recently exploited Balancer decentralized exchange, has sent a blockchain-based “final warning” to the hackers responsible for the attack. The alert threatens to take “all necessary measures” if the stolen funds are not returned.
The message, posted via blockchain and highlighted on social network X, targets the perpetrators of the V2 Composable Stable pools hack. The total losses from the breach have exceeded $100 million.
Balancer DAO has set a deadline for the return of funds by Saturday, warning that failure to comply will prompt a combination of technical, legal, and on-chain countermeasures. The DAO also indicated that hackers who cooperate in returning the stolen assets may be eligible for a reward, though the exact amount remains undisclosed.
“We sent notifications to all known addresses involved in Monday’s hack. We followed best practices and offered a channel for returning the funds. We understand affected users are awaiting updates and will continue to provide details as the investigation progresses,” the DAO stated.
The breach involved the transfer of $128 million in StakeWise Staked ETH (OSETH), Wrapped Ether (WETH), and Lido wstETH (wSTETH) to a newly created wallet. Hackers exploited a vulnerability in the EXACT_OUT function combined with BatchSwap operations to execute the attack.
