Dev says $31 million Meerkat Finance exploit was a 'test'; will return funds

Dev says $31 million Meerkat Finance exploit was a 'test'; will return funds

DeFi is "flourished by human greed," according to a developer for the exploited project There may be good news on the horizon for the victims of one of DeFi’s largest-ever exploits. At 5:30 AM UTC today, a Meerkat Finance developer identifying themselves as “Jamboo” posted a short message in a newly-created Telegram channel, “Meerkatrefunds.” In it, Jamboo said that the exploit was a “trial” testing users’ greed and “subjectivity,” and that the team was preparing to refund all victims. Jamboo provided proof of their association with Meerkat by sending a small transaction from the Meerkat....


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