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The amount of funds stolen as a result of the exploit is still unknown.
Mike Dalton 2 min read 
The group carries out phishing attacks, steals credentials, and relies on cloud mining.
Euler Finance, BonqDAO, and CoinDeal recorded the highest losses with $196 million, $120 million, and $45 million, respectively.
The hacker tweeted about a fake USDC airdrop to compensate holders who held the stablecoin during its depeg.
The attacker sent an on-chain message to the recently exploited DeFi project.
The affected cryptocurrency project ultimately lost no significant funds.
Euler Labs CEO Michael Bentley tweeted on March 17 that the DeFi protocol's exploited lines of codes were previously audited.
Crypto investment fraud losses made up roughly 25% of all money lost to online scams and fraud during 2022 and almost 90% of the $3.31 billion lost to online investment fraud.
The Euler labs attacker sent one of the DeFi protocol users 100 ETH, leading to speculations that the hacker could return the funds.
