In 2023, Euler Finance, a cryptocurrency lending platform, was hacked for $197 million. What was unusual was not the robbery, but what happened afterward. The assailant returned almost all the money. Three years later, some of the recovered funds remain uncollected by their original owners, and at least one victim was identified this week.
On June 4, 2026, an anonymous researcher Identified unclaimed address of 32.3 ETH since April 2023. To notify the owner, he used a specific mechanism of the Ethereum network. We embedded text messages directly into transactions on the network.
Unlike email or social media messages, this notification is permanently and publicly recorded on the network and is visible to anyone with access to Block Explorer. The message said: «There are 32.3 ETH that can be claimed from the Euler redistribution process. Execute claim() from this wallet. »
Euler Finance is a decentralized lending (DeFi) protocol that operates without bank intermediaries. More than $200 million was stolen after the March 2023 attack, which Criptonoticias reported at the time.
The team was able to negotiate with the attackers and recover almost all of the funds. In April of the same year, a smart contract called EulerClaims was activated, allowing those affected to withdraw US$223 million.
According to Ethereum network discovery platform EtherScan, that contract is still valid. The most recent redemption was made 31 days ago for the equivalent of USD 95,000 and confirmed the following: collection process This law is still in effect more than three years after the incident.
USD 376,000 still outstanding
To date, the EulerClaims contract holds approximately $376,000 in assets that no one has recovered. ether scan notes that this addresses a recurring problem: When websites and applications that facilitate payments disappear, many users lose track of their funds, even if the money is still available online.
Thus, the Euler withdrawal was one of the most successful cases in the history of DeFi, but at the same time Revealing structural risks to ecosystems. Many users lost their funds and became dependent on third-party explorers like Etherscan.
However, smart contracts do not have an expiration date. Unlike inactive bank accounts, which can be claimed by states, funds within a cryptocurrency network remain accessible to anyone with the private keys of the original wallet.
Etherscan claims: Users who deposited funds into Euler Finance before March 13, 2023 can see if they have any outstanding assets It can be done directly on the protocol redemption page, without the need for intermediaries or advanced technical knowledge. In this case, you can follow these steps:
- Enter Etherscan and connect the wallet you used with Euler before March 13, 2023.
- Find the EulerClaims contract (the address is available on the official website or in your browser).
- Check if there is an outstanding balance with the claimable() function.
- If there are funds available, run the claim() function from your wallet.
If there are no outstanding claims, this process is free for gas. In DeFi, funds are available indefinitely. This is much longer than most people imagine.
(Tag Translation) Blockchain
