ZKsync Recovers $5.7M in Stolen Tokens After Hacker Agrees To A Bounty Deal

ZKsync Association has recovered $5.7 million in stolen ZK and ETH tokens from an April 15 hack targeting its airdrop distribution contract.

The hacker, who accessed the admin account to mint 111 million unclaimed ZK tokens worth $5 million, returned 90% of the funds for a 10% bounty.

On April 23, three transfers—$2.47M in ZK, $1.83M in ETH, and 776 ETH ($1.4M)—were sent to the ZKsync Security Council. No user funds were affected, and the recovered sum grew due to a 16.6% ZK and 8.8% ETH price rise, per CoinGecko. ZKsync Era, an Ethereum layer-2, holds $59M in total value locked.