Between October 2020 and March 2023 there have been 25 exploits of Web3 projects where the impacted projects were later able to recover some or all of the funds lost. How did they recover nearly a billion dollars?
On August 10, 2021 the cross-chain interoperability protocol Poly Network was attacked by hackers resulting in ~$610 million loss worth of digital tokens. Nearly all of the money was returned by the hacker the next day.