Tron Founder’s Offer: 5% Bounty for Poloniex Hack Information

The creator of Tron (TRX), Justin Sun, is rewarding the hacker who took advantage of the Poloniex exchange for $125 million in cryptocurrency with a 5% white hat bounty.

Tron Founder's Offer: 5% Bounty for Poloniex Hack Informatione Signals Upcoming Upswing
Source: Capital .com

The hacker has one week to accept the offer and restore the assets to the wallets he stole them from, according to Sun, who purchased Poloniex in 2019. If not, law police will need to become involved.

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We are providing the Poloniex hacker with a 5% white hat bounty. Kindly transfer the money back to the following wallets: ETH, TRX, and BTC. We will not involve law enforcement until you have had seven days to examine our offer.

Tron Founder’s Offer: 5% Bounty for Poloniex Hack Information,Tron Founder’s Offer: 5% Bounty for Poloniex Hack Information

PeckShield, a cybersecurity company, reports that the cyberthief took stole $56 million in Ethereum (ETH), $48 million in TRX, and $18 million in Bitcoin (BTC), the leading cryptocurrency.

The malicious actor also took several other cryptocurrency assets, such as the well-known memecoin Shiba Inu (SHIB) and stablecoins Tether (USDT) and USD Coin (USDC), according to blockchain tracking company Lookonchain.

Furthermore, Lookonchain discovers that the hacker was rushing and unintentionally burned the tokens by sending $2.5 million worth of the digital asset Golen (GLM) to the incorrect address.

Sun continues by promising that Poloniex would work with other exchanges to retrieve the assets and properly repay the cash that were stolen.

Poloniex Hit by Hack: Over $120M in BTC, ETH, XRP, Shiba Inu Stolen

“We are looking into the Poloniex hacking situation right now. Poloniex will completely repay the impacted monies and is in good financial standing. Furthermore, we are investigating prospects for cooperation with other exchanges in order to expedite the retrieval of these money.

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