Curve, Metronome, And Alchemix Issue Ultimatum To Hacker With 10% Bounty

Curve, Metronome, And Alchemix Issue Ultimatum To Hacker With 10% Bounty

Curve Finance, together with Metronome and Alchemix, has taken an unconventional approach to dealing with the recent attack on their platform that sent shockwaves through the DeFi community. In an unprecedented move, they sent an on-chain ultimatum to the attacker responsible for the breach. Through a Twitter announcement, Curve offered the attacker a deal – they would reward the hacker with 10% of the lost assets if they agreed to return the remaining 90% of the hacked funds to the project. The proposal came with a deadline, set for August 6 at 08:00 UTC, giving the hacker a limited window to respond and return the funds. In the event that the hacker fails to comply with the ultimatum, Curve, Metronome, and Alchemix made it clear that they would take legal action to pursue the culprit and retrieve the stolen money. Additionally, they pledged to publicly offer a reward to anyone who can provide information leading to the hacker’s arrest and conviction. To assure the attacker, the trio promised no further legal actions or involvement of law enforcement if the funds were returned as per their offer. The goal is to recover the majority of the funds and hold the hacker accountable without resorting to traditional legal channels.