Loopscale quietly repaid a $431K bad loan after an oracle exploit, but a $520K USDC withdrawal raises questions

Loopscale has quietly repaid lenders after the exploit, per the author. A protocol multisig withdrew 4,750 SOL of its own deposit from the affected vault, and its liquidator used it to pay off the bad loan, returning 4,598.43 SOL. The attacker had deposited 1 kySOL mispriced as zBTC due to a decimal mismatch, valuing it at ~$777K, then borrowed 4,597 SOL (~$431K), bridging proceeds to Ethereum as 190.22 ETH. An on-chain offer let the thief keep 10%; 30.2 ETH was returned. Loopscale has made no public statement.

✨ AI summary of the linked source — not editorial content.

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