An unfortunate incident occurred in the world of cryptocurrency trading when a trader known as “Qklpjeth” lost 7.912 tokens of Renzo Restaked Eth (Ezeth) valued at $26.4 million. The mishap was a result of a simple error made by the trader while entering the address. The incident took place on June 19, leading to the tokens being sent to the wrong safe address, where they got blocked, making it impossible to withdraw them.
Qklpjeth acknowledged that the mistake was a result of incorrect copying. Despite efforts over the span of nearly five months to reclaim the lost assets through traditional means, all attempts have proved futile. In a state of despair, the trader recently turned to white hat hackers on the social network X, offering a reward of $2.6 million for help in identifying any vulnerabilities in Smart Contracts that could facilitate the retrieval of the lost funds. The plea for assistance was shared on X.
The cryptocurrency community swiftly responded to the call for aid. DeFi developers utilize decentralized systems, such as smart contracts, to offer financial services without the involvement of conventional financial institutions like banks or exchanges.