Poloniex says hacker’s identity is confirmed, offers last bounty at $10M

Crypto alternate Poloniex not too long ago posted a message to the hacker liable for stealing over $100 million in digital property from one in every of its wallets saying that they’ve recognized the individual and are giving the perpetrators an opportunity to return the property in alternate 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. In keeping with the alternate, they’ve already confirmed the hacker’s identity. The alternate additional highlighted that they’re working with varied regulation enforcement businesses 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 identity, the alternate 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 are usually not returned, police forces will take motion.

Whereas the message signifies that the hacker is recognized, some neighborhood members are unconvinced concerning the new growth. In a put up on X (previously Twitter), a neighborhood member said that the alternate wouldn’t have to contain the police in three completely different international locations and ship the identical message in 15 completely 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, varied 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 alternate additionally provided a 5% bounty for the return of the funds. On Nov. 15, the alternate resumed withdrawals after enlisting the assistance of a safety auditing agency to reinforce the safety of the alternate.

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