White Hat Hacker Recovers 81% of Stolen Funds from Foom Cash

White Hat Hacker Recovers 81% of Stolen Funds from Foom Cash

First seen 2 Mar 2026, 16:11 UTC •BinanceTradingviewKucoinFinancefeedsMexc •32.7

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Foom Cash, a decentralized anonymous lottery protocol, lost approximately $2.26 million due to a security exploit. A white-hat hacker named Duha intervened and successfully recovered $1.84 million, which is 81% of the stolen funds. The exploit was caused by a misconfiguration of the Groth16 verifier during Foom Cash's deployment, allowing attackers to submit forged proofs.

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Timeline

2026-03-02
Foom Cash reports loss of $2.26 million due to security exploit
2026-03-02
White-hat hacker Duha recovers $1.84 million of stolen funds
2026-03-02
Security incident attributed to misconfiguration of Groth16 verifier

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