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Dev loses $27M in Ethereum restaking giant Renzo, offers 10% bounty

Dev loses $27M in Ethereum restaking giant Renzo, offers 10% bounty

Informed Crypto News · Protos

November 12, 20243m 38s

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Show Notes

A crypto developer is pleading for help and offering a bounty worth millions after accidentally sending $25 million of Renzo tokens to the wrong Ethereum address.

The dev sent 7,912 ezETH, a type of liquid restaking token worth over $3,400 apiece, to what is known as a Safe Module instead of a Safe. With funds now frozen, the developer is offering 10% — a $2.5 million reward — to anyone who can retrieve his funds.