Kiloex Dex Exploiter will return $1.4 million from $7 million stolen funds

The hackers behind Killx’s recent $7.4 million exploit returned $1.4 million worth of USDT a few days after silence.

The update was shared by blockchain security company Peckshield in an April 18 post on X, confirming that funds related to the attack were sent back to Kiloex’s address. Kiloex, a decentralized, permanent trading platform backed by YZI Labs, was hacked on April 15 in a cross-chain attack targeting bases, OPBNB and BNB chains (BNB).

#peckshieldalert #kiloex exploiter -labeled address returned #1.4m #USDT to #kiloex https://t.co/sijpgua1ur pic.twitter.com/rpkajtdwm2
– Peckshieldalert (@peckshieldalert) April 18, 2025

The exploit was first flagged by Cyvers Alerts and linked the case to a wallet funded via Tornado Cash. The main cause was an Oracle price vulnerability that allowed attackers to manipulate ETH/USD value and use inflated prices to emit funds. Losses were distributed to base ($3.3 million), OPBNB ($3.1 million), and BSC ($1 million) per Peckshield breakdown.

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Kiloex Dex gave the attacker the ultimate of 72 hours, offering a 10% white hat prize of the money stolen in exchange for returning the remaining amount. “We are actively monitoring your address…and are ready to quickly freeze stolen funds,” the team warned.

When the hackers did not respond, Kiloex filed a formal lawsuit with the Hong Kong Police on April 17th, partnering with cybersecurity company Slowmist to support the investigation. The company said it already shares important data with law enforcement and will release a full incident report as the probe progresses.

Dear Kiloex User,
I would like to update the latest developments on the April 15th hacker incident.
1. The incident was reported to Hong Kong Police and a formal lawsuit was filed. Kiloex works with both the criminal department and cybercrime…
– Kiloex (@kiloex_perp) April 17, 2025

The amount returned does not reach the 90% target, but the transaction suggests some progress. Kiloex has not yet confirmed whether funding is received or further negotiations are underway.

The platform is currently working to restore trading operations and finalize user compensation plans. The user also ensured that the open position was resolved based on the pre-clearing price.

read more: Crypto hacks in the first quarter rise to 131% year-on-year as losses reached $16.3 billion, according to data