Euler Finance hacked despite 10 audits in 2 years, says CEO

Euler Finance hacked despite 10 audits in 2 years, says CEO


Euler Labs CEO Michael Bentley stated he will “never forgive” the hacker as the exploit caused him to lose time with his newborn son.

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Ten separate audits conducted over a two-year period of the Ethereum-based lending protocol Euler Finance deemed it to be “nothing higher than low risk” and having “no outstanding issues” prior to it suffering from a $196 million attack.

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In a series of tweets on March 17 Euler Labs CEO, Michael Bentley described the “hardest days” of his life after Euler’s $196 million flash loan attack on March 13.

He retweeted one user sharing information that Euler had 10 audits from 6 different firms, and commented that the platform

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