Researcher Unlocks $2M Frozen in 2016 Ethereum ICO

A security researcher recovered access to 882 ETH worth $1.75 million from a flawed 2016 ICO contract, enabling long-locked investors to finally claim refunds.

01 Jun 2026

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5 Min

By: Nidhi Kumari

Researcher Unlocks $2M Frozen in 2016 Ethereum ICO

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Nidhi Kumari

Nidhi Kumari is a Web3 content writer at EtherWorld.co, tracking ecosystem developments, funding activity, and market trends shaping the crypto space.

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Researcher Unlocks $2M Frozen in 2016 Ethereum ICO

Please become a free member to unlock this article and more content.

Author

Subscribe to join the discussion.

Read more

Zcash Crashes 30% After Critical Privacy Pool Bug

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India’s Bond Tax Breaks May Attract Crypto Capital

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