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Curve Finance Hacker’s Missed Deadline Triggers $1.8M Bounty


Following the recent multi-million-dollar breach of Curve Finance, the deadline for the perpetrator to restore the funds has expired. Consequently, the reward for revealing the hacker’s identity is now accessible to the general public.

Curve Finance states that whoever aids in identifying the exploiter and contributes to their legal conviction will be rewarded. The informer receives a 10% reward from the remaining stolen funds, about $20 million.

The team offered the exploiters a “10% bounty of any stolen funds” in exchange for returning the rest. They gave a deadline of August 6 at 8 am UTC. Representatives from Curve Finance MetronomeDAO, and Alchemix sent a warning to the bad actor. The message simply says that if they reject the bounty, the teams will “expand the bounty to the public,” offering the same amount to whoever leads to the perpetrator.

Blockchain security firm PeckShield tweeted that the stolen crypto amounted to $73.5 million, with $53.5 million (73%) already returned.

Twitter space thoughts?

“This is the state of the crypto justice system,” tweeted one user, adding, “This is the fault of blockchains not having governance and defense in depth built directly into the blockchain protocol level.”

Some suggested that the assault might be another action by the Lazarus group, a North Korean hacker cell known for recent high-profile exploits.

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