Curve Finance (CRV) has issued a statement on Etherscan, addressing the hackers responsible for the recent exploit that resulted in the loss of over $60 million from the protocol.
In the statement, Curve, Metronome & Alchemix have invited the hackers to discuss a potential bounty, offering a 10% reward for any stolen funds, which they can keep if they return the remaining 90%.
Curve Finance Gives Hackers Ultimatum
The group has emphasized that there will be no risk of them pursuing legal action or involving law enforcement if the hackers participate in this voluntary return process.
However, suppose the hackers do not participate and complete the process by August 6. In that case, Curve Finance will expand the bounty to the public and offer the full 10% reward to anyone who can identify them in a way that leads to their conviction in court. The encrypted message on Etherscan further noted:
If you choose not to participate in the voluntary return and complete the process by August 6, we will expand the bounty to the public, and offer the full 10% to the person who can identify you in a way that leads to your conviction in the courts. We will pursue you from all angles with the full extent of the law.
To verify their ownership of the email address, anyone emailing Curve Finance will have to complete a verification process on-cain before any discussions occur.
The statement highlights Curve Finance’s commitment to recovering the stolen funds and bringing those responsible to justice.
By offering a bounty and encouraging the hackers to return the funds voluntarily, Curve Finance is proactively resolving the situation. However, the group has also clarified that they will pursue all legal avenues to recover the funds if the hackers choose not to cooperate.
It remains to be seen whether the hackers will take Curve Finance up on their offer or whether the group will need to expand the bounty to the public. Nevertheless, this statement demonstrates Curve Finance’s determination to protect the protocol and its users and sends a strong message to would-be attackers that such actions will not be tolerated.
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