Dev helps rescue $2 million locked in 2016 ICO contract for nine years with whitehat exploit
60-second summary
A developer has successfully exploited a 2016 ICO contract to rescue $2 million locked for nine years, with two of 48 eligible investors already claiming 96.5 ETH, worth nearly $200,000 at current prices. This whitehat exploit has unlocked a significant amount of funds, providing relief to investors who had been waiting for nearly a decade.
The developer told The Block that two of 48 eligible investors have already claimed 96.5 ETH that was unfrozen, worth nearly $200,000 at current prices.