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Loopscale Hacker has agreed to return the stolen funds, and the team will pay a 10% white hat bounty.
According to Foresight News, the Solana on-chain lending protocol Loopscale announced that the hacker responded today at 3:52 PM (Eastern Time) stating that they are willing to return the exploited funds and receive a bounty. The team will share a plan for resuming withdrawals and a comprehensive post-mortem analysis in the coming days. Foresight News previously reported that Loopscale was attacked by hackers on April 26, after which Loopscale proposed a 10% white hat bounty to the hacker, offering a 10% bounty (3,947 SOL) if the hacker returns 90% of the stolen funds (35,527 SOL).