Home>BLOCKCHAIN>Poloniex says hacker’s identification is confirmed, affords final bounty at $10M
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Poloniex says hacker’s identification is confirmed, affords final bounty at $10M

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Crypto change Poloniex not too long ago posted a message to the hacker answerable for stealing over $100 million in digital property from one in all its wallets saying that they’ve recognized the particular person and are giving the perpetrators an opportunity to return the property in change for a $10 million bounty. 

An on-chain message shared by blockchain safety agency PeckShield on social media exhibits Poloniex’s message to the hacker. Based on the change, they’ve already confirmed the hacker’s identification. The change additional highlighted that they’re working with numerous legislation enforcement companies from the USA, Russia and China.

Moreover, Poloniex talked about that the stolen funds are already marked and can’t be used. Although they’ve confirmed the hacker’s identification, the change nonetheless gave the hacker an opportunity to return the funds by Nov. 25 and get a $10 million white hat reward. Nevertheless, if the funds aren’t returned, police forces will take motion.

On-chain message from Poloniex to the hacker. Supply: PeckShield

Whereas the message signifies that the hacker is recognized, some neighborhood members are unconvinced concerning the new improvement. In a publish on X (previously Twitter), a neighborhood member said that the change wouldn’t must contain the police in three totally different international locations and ship the identical message in 15 totally different languages if the hacker is already recognized. 

Associated: Exploits, hacks and scams stole almost $1B in 2023: Report

The hack occurred earlier this month when a crypto pockets belonging to Poloniex noticed suspicious outflows. On Nov 10, numerous blockchain safety companies decided that greater than $100 million was drained from the exchange’s wallet

In response to the assault, Poloniex disabled the pockets for upkeep. As well as, the change additionally provided a 5% bounty for the return of the funds. On Nov. 15, the change resumed withdrawals after enlisting the assistance of a safety auditing agency to boost the safety of the change.

Journal: $3.4B of Bitcoin in a popcorn tin: The Silk Road hacker’s story