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KyberSwap hacker pledges to elucidate a potential accord in the days ahead

KyberSwap hacker pledges to elucidate a potential accord in the days ahead

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by Max Nevskyi

a year ago


The individual responsible for siphoning $47 million from the decentralized exchange protocol KyberSwap just last week has made a commitment to issue a statement regarding a potential agreement with the victims in the coming week.

The identity of this hacker remains undisclosed, but on November 28, they embedded a message into an Ethereum transaction, indicating their intention to announce a "treaty" on November 30.

I said I was willing to negotiate. In return, I have received (mostly) threats, deadlines, and general unfriendliness from the executive team. That's ok, I don't mind.hacker wrote.

If the situation continues to be confrontational, we have the option to postpone our meeting to a later date when a more amicable atmosphere prevails. Your indication of willingness is all that's required. If not, we will adhere to the original plan on November 30th.

This cryptic message has emerged approximately one week following the mysterious disappearance of $47 million from KyberSwap's Elastic Pools liquidity solution. In response to the incident, KyberSwap promptly recommended that all users withdraw their funds. Subsequently, the platform announced a 10% reward for the individual responsible for the exploit, who had previously left an encoded message in blockchain data, indicating that negotiations would commence after they had "fully rested."

In a recent statement, the KyberSwap team disclosed that they have successfully recovered $4.7 million.

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