DECENTRALIVED EXCHANGE (DEX) Kiloex offered the pirate which operated $ 7.5 million in crypto from its platform a 10%white hat bonus.
On April 15, Kiloex published an offer addressed to the pirate which stole millions of Dex. Kiloex said he had worked with the police, cybersecurity agencies and exchanges to reveal information on the activities of the pirate.
The DEX also shared portfolio addresses linked to pirates that the DEFI platform and other organizations are actively monitoring. Kiloex said they were ready to freeze the stolen funds. However, the DEX offered $ 750,000 in exchange for the return of 90% of stolen assets.
Kiloex said he would treat the incident as a white hat feat if the pirate had returned the funds.
Hacker stole $ 7.5 million in kiloex
On April 14, cybersecurity companies indicated that an operator had piloted the platform thanks to an Oracle Price vulnerability. A Peckshield report said that about 3.3 million dollars, $ 3.1 million OPBNB and 1 million BSC tokens were taken.
The security company Blockchain said that the information used by an intelligent contract to determine the price assets had been manipulated, which led to the feat.
In response to the attack, the platform suspended its dex. The platform also said that the feat had been contained.
In relation: Ethical pirate interceptions 2.6 million dollars in the Morpho laboratory feat
Kiloex to pursue legal action if the pirate does not return the funds
The DEX added that he would abandon the case and publicly recognize that the incident is settled if the pirate agrees to return the funds. Kiloex wrote:
“We are going to tweet on this resolution, recognizing your cooperation and the closure of the case without other action.”
The DEX informed the pirate to contact his email or send an onchain message if they accepted the offer. If the pirate does not accept the offer, the DEX declared that it would degenerate the question with the police concerned and continue the investigation with its cybersecurity partners.
“Your identity and activities will be exposed to the relevant authorities. We will pursue a tireless legal action. The choice is yours. Act now to avoid irreversible consequences, ”wrote Kiloex.
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