There may be good news on the horizon for the victims of one of DeFi’s largest-ever exploits.
At 5:30 AM UTC today, a Meerkat Finance developer identifying themselves as “Jamboo” posted a short message in a newly-created Telegram channel, “Meerkatrefunds.” In it, Jamboo said that the exploit was a “trial” testing user's greed and “subjectivity,” and that the team was preparing to refund all victims.