Crypto hacker offered bounty after $ 600 million

A hacker who stole just over $ 600 million (£ 433 million) in cryptocurrency was offered $ 500,000 and immunity as a reward for returning the money.

Poly Network made the controversial offer after the hacker promised to return the money. The attack was discovered Tuesday when Poly Network publicly pleaded with the hacker for help. A former FBI official said that “private companies do not have the authority to promise immunity from criminal prosecution. The attack is one of the largest piracy heists in history. Poly Network said the person had exploited a vulnerability in their system. Most of the money has already been returned, although the hacker says that he is not interested in the reward.

Shortly after the attack, the anonymous individual posted notes on the publicly available blockchain mocking the company and asking for advice on how to launder his stolen wealth. Subsequently, the offender claimed “not to be interested in the money” and promised to return everything. Cryptocurrency theft hacker returns $ 260 million in funds Hackers Steal $ 600 Million In Major Crypto Heist On Thursday night, Poly Network said that most of the remaining assets in the hacker’s possession had been transferred to a digital

wallet controlled by both the hacker and the company. Poly Network says that it is still waiting for the payment process to complete completely, but that it is working with the hacker. A portion of the stolen coins were frozen shortly after the attack has yet to be transferred, but the hacker cannot use them anyway. The hacker still has $ 33.4 million of Tether [tokens] stolen, because he has been frozen by the Tethers themselves Tom Robinson, co-founder of Elliptic, a blockchain-based analytics and compliance firm, told the BBC. London.

He added that it could be seen on the blockchain that the hacker was withholding “several thousand dollars in various other tokens. However, it was unclear whether these were part of the stolen assets or donations that the hacker asked people to send in on Thursday as a thank you for returning the money. Other pending money also includes an Ether tip of 13.37 ($ 40,000), which the hacker sent to a user who warned him that his developer had frozen the Tether tokens.



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