Poloniex Confirms Hacker’s Identity, Offers $10M Bounty
Poloniex, a cryptocurrency exchange, recently identified the individual responsible for over $100M hack from its platform and offered a $10 million bounty...
- Poloniex, a cryptocurrency exchange, has identified the individual responsible for a $100M hack and offered a $10 million bounty to return the stolen assets.
- PeckShield, a blockchain security firm, shared an on-chain message that shows Poloniex's communication with the hacker.
- Poloniex claims to have verified the hacker's identity and is collaborating with law enforcement agencies from Russia, China, and the United States.
- The stolen funds have been marked as unusable, but the exchange still offered the hacker a white hat reward.
- If the funds are not returned by November 25, legal proceedings will be initiated.
- Some community members are skeptical of the new development, questioning the need for involving multiple police forces and sending messages in multiple languages.
- The hack occurred earlier this month, with over $100 million withdrawn from Poloniex's cryptocurrency wallet.
- Poloniex temporarily turned off the wallet and extended a 5% bounty for the return of the funds.
- Withdrawals resumed on November 15 after engaging a security auditing firm.
The sentiment of the article is mostly negative, as it discusses a significant hack and skepticism from community members. However, there is a positive aspect in the exchange's efforts to identify the hacker and offer a reward.