You might have heard by now that a security exploit was found in Ethereum wallets that were created using multisig technology. This resulted in approximately $30m worth of ETH stolen by following Black Hat address:

Other group was active during this exploit and was able to gather $150m (some of this money has started to move out) from vulnerable wallets, however purpose of this was more honourable. White hats have gathered this ETH at following address:

By “stealing” this Ether from vulnerable users they ensured that black hats would not get their hands on it first. Once issue is resolved, ETH from this account will be returned to its owners.

Despite negative events many saw this occurring as a good one where Ethereum community demonstrated quick reaction and support for the ecosystem.

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