Whitehat Details 1,003.62 ETH Recovery as ETH Trades at $1,982

On June 2, researcher 0xflorent published the technical breakdown of unlocking 1,003.62 ETH (~$2 million) from the 2016 HongCoin contract via an integer-overflow exploit in an admin function. The operation required 41 multisig transactions and restored refund rights for 48 original investors after nine years. Two claimants have already withdrawn 96.5 ETH (~$193,000). ETH traded near $1,982, down 1.85% on the day, with the event providing a positive security narrative amid broader DeFi losses.