After facing a devious hacking incident that wiped nearly $61 million, Curve Finance offered a bounty of 10% to the hackers as a means of peace offering and efforts to recover the lost funds; however, it seems that the hackers aren’t in the mood to compromise.
After agreeing to a white-hat bounty offer of 10% of the stolen funds on August 3, the hackers returned the pilfered funds to Alchemix and JPEGD. However, they failed to return the entire amount within the agreed-upon timeframe, as per the deal.
As a result, Curve Finance is now putting forth a bug bounty for anyone who can successfully identify the exploiter responsible for the attack.
Following the expiration of the deadline, Curve Finance has issued a statement addressing the ongoing efforts to retrieve the remaining funds.
In a new statement Curve said, “ The platform now extends the bounty to the public, and offers a reward valued at 10% of remaining exploited funds (currently $1.85M USD) to the person who is able to identify the exploited in a way that leads to a conviction in the courts.”
Additionally, in the event that Curve Finance and other impacted platforms successfully recover the entire amount exploited by the attackers, they will cease their pursuit of this public bounty.
In a recent development, hackers directed a message towards the Alchemix and Curve teams, underscoring their rationale for returning the funds. They stated, “I’m refunding not because you can find me, it’s because I don’t want to ruin your project.”
This statement garnered significant attention, shining a spotlight on the hackers just prior to their decision to return 90% of the pilfered funds to Alchemix and JPEGD.
Also Read: Curve Founder Sells Another 9.5M CRV in Last 24 Hours
