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August 13, 2021 at 5:17 pm

Hackers Behind $610M Crypto Heist Return Money, May Get ‘Bug Bounty’…

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by Theo Wayt at The New York Post

The hackers who pulled off the largest cryptocurrency heist in history “for fun” have returned the money — and the company that they stole from wants to pay them for their service.

The decentralized finance platform that was hacked, called Poly Network, confirmed late Thursday that the hackers had returned all of the roughly $610 million worth of stolen Ethereum and other cryptocurrencies, with the exception of $33 million worth of the “stablecoin” Tether that had been frozen by its creator.

Poly Network also offered the hackers a reward of $500,000 — or less than one percent of the stolen crypto — for exposing flaws in the platform’s security.

Earlier this week, the hackers stole the $610 million in crypto, then began gradually returning the money in installments.

In a blockchain-based question-and-answer session Thursday, the hackers explained in broken English that they had pulled off the heist “for fun” rather than profit.

“Ask yourself what to do had you facing so much fortune,” the hacker said. “Asking the project team politely so that they can fix it? Anyone could be the traitor given one billion!”…

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