SafeMoon hacker agrees to return 80% of stolen funds

2 years ago

The SafeMoon hacker agrees to instrumentality 80% of the stolen funds taken successful past month’s liquidity hack, per @SafeMoonSpidey.

SafeMoon drained for $9 million

On March 28, a astute declaration vulnerability was exploited, starring to a liquidity drain that netted the attacker $9 cardinal successful tokens.

In the weeks that followed, the SafeMoon assemblage voiced their dissatisfaction with the deficiency of meaningful updates connected the matter.

For example, a caller post announcing “New #SAFEMOON app builds submitted!” was panned for being ambitious and labeled a distraction to gloss implicit the hack. Likewise, SafeMoon CEO John Karony’s calls for patience were slammed arsenic repetitive and avoidant.

Hacker to instrumentality 80% of funds

According to @SafeMoonSpidey, some parties struck a woody successful which the hacker would instrumentality 80% of the funds – leaving him to support 20% with nary charges filed against him. An on-chain connection read:

“After cautious information of the circumstances, it is believed this is the champion successful the champion involvement of SafeMoon and the community.”

@SafeMoonSpidey said it is “quite possible” that the squad was holding retired for this solution earlier “updating the app.”

Some replies raised the contented that the hacker was rewarded for transgression behavior. @SafeMoonSpidey preferred to telephone the 20% reward a achromatic chapeau bounty reward. Moreover, helium added that a instrumentality of 80% is amended than nothing.

The station SafeMoon hacker agrees to instrumentality 80% of stolen funds appeared archetypal connected CryptoSlate.

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