Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana.
We’re verifying its authenticity and starting the negotiation process.
“After a long negotiation,” Crema Finance explained, “the hacker agreed to take 45,455 SOL as the white hat bounty. Now we have confirmed the receipt of 6,064 ETH + 23,967.9 SOL in four transactions… A follow-up compensation plan will be released in 48h.”
Once in a while, some defi projects get lucky and are able to negotiate with the attackers, and the hacker decides to return a fraction or all of the stolen funds. While there have been many attempts to talk to a hacker or offer them a reward, a majority of defi projects fail to make contact with the attacker and wind up eating the loss.
What do you think about the hacker returning $8 million in ethereum and solana after being offered a bounty reward? Let us know what you think about this subject in the comments section below.