Nomad recovers nearly $20 million in stolen funds

Nomad was hacked on Monday, resulting in $190 million in cryptocurrency losses, the company announced on Twitter yesterday that hackers who return at least 90% of total funds may be considered for a bounty of up to 10%. So far, $19.4 million of those funds have been sent back to the agreement. Nomad created a recovery wallet address, imploring “friends of white hat hackers and ethical researchers who have been protecting ETH/ERC-20 tokens” to return lost digital assets. The wallet was set up in association with custodian bank Anchorage Digital.