Wintermute: If the hacker returns the $160 million stolen assets, a 10% bounty will be paid

2022-09-21 07:51:13
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According to Chain Catcher, The Block reported that Wintermute founder Evgeny Gaevoy stated that the hack is related to the Ethereum vault used by Wintermute for on-chain DeFi trading operations. If all funds are returned, Wintermute will offer the hacker a 10% bounty, worth $16 million.

In addition, the $160 million vulnerability was caused by internal human error, but Wintermute will not fire any employees, change any strategies, raise additional funds, or stop its DeFi operations.

Chain Catcher previously reported that Wintermute lost $160 million in the DeFi hack, while its CeFi and OTC businesses remain unaffected. Wintermute's services may be disrupted today and in the coming days, after which they will return to normal. (The Block)

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