$3.8 Million Hacking Recovery: Thief Left 'We Have Identified You, Sir' Ultimatum

Near Intents, a cryptocurrency project, has successfully recovered $3.8 million after issuing a 48-hour ultimatum to the thief.

The recovery was made possible by identifying and locating the individual responsible for the theft, who was left with a stark warning: 'We have identified you, sir.'

The incident highlights the growing concern over the increasing number of hacking incidents in the cryptocurrency space.