1 year ago
Arkham Intelligence’s Intel Exchange, which launched connected July 18, is offering thousands of dollars of crypto rewards for those who are capable to place high-profile wallets, including those of Elon Musk, Do Kwon, and Sam Bankman-Fried.
Among the rewards that person been offered by assorted users person are 10,000 ARKM ($6,587) for Terra laminitis Do Kwon ‘s wallet, 1,000 ARKM ($658) for Tesla CEO Elon Musk‘s wallet, and 1,500 ARKM ($988) for FTX CEO Sam Bankman-Fried‘s.
The marketplace’s highest reward astatine contiguous is reserved for those who tin place the idiosyncratic down an code linked to a hack that targeted FTX successful November 2022 amidst its collapse. Anyone who tin bash truthful stands to gain 100,000 ARKM ($65,870).
Other ample bounties are offered to those who tin unmask attackers who exploited Wintermute, Nomad Bridge, and Cream Finance. Those bounties connection 50,000 ARKM ($32,935), 10,000 ARKM ($6,587), and 5,000 ARKM ($3,293) respectively.
Other smaller rewards inquire users to place firm addresses belonging to firms including but not constricted to Grayscale, MicroStrategy, and Bitwise.
In total, the intel marketplace presently offers 204,250 ARKM of bounty rewards worthy astir $134,539 astatine existent marketplace prices. It is unclear whether these rewards whitethorn beryllium paid retired to much than 1 individual, oregon paid retired repeatedly for each identified address. In that case, the existent magnitude connected connection whitethorn beryllium importantly higher.
Marketplace generates controversy
Arkham’s caller intel marketplace could radiance a airy connected important hacks and amerciable activities. However, the level has seen important backlash, arsenic galore judge that the level volition chiefly beryllium utilized to “dox” individuals oregon uncover backstage information.
Arkham leaders person antecedently contested that idea; they person emphasized that the marketplace is intended to uncover exploits and fraud.
At present, astir of the disposable bounties look to person been created by an “Arkham Admin” alternatively than wide users.
The station Do Kwon, Sam Bankman-Fried, and Elon Musk among the high-profile crypto wallet bounties connected Arkham’s Intel Exchange appeared archetypal connected CryptoSlate.
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