Security Incident - A hacker exploited GMX, resulting in the theft of $42 million in assets [1] - The hacker agreed to return the stolen assets in exchange for a $5 million white-hat bug bounty [1] - $10.49 million FRAX has been returned [1] Asset Recovery and Potential Profit - $32 million in assets were swapped into 11,700 ETH [1] - The 11,700 ETH is now worth $35 million, representing a ~$3 million gain for the hacker [1] Future Actions - The industry is uncertain whether the hacker will return all 11,700 ETH ($35 million) or sell ETH to return $32 million and keep the $3 million profit [1]