Nomad Offers $19 Million Bounty and Promises to Tag $190 Million Bridge Hackers as White Hats #togrp7

Nomad, the recently hacked Ethereum (ETH) Bridge, has announced that it is offering a 10% bounty to Nomad Bridge hackers, who absconded with up to $190 million worth of crypto assets a couple of days ago. In the announcement, Nomad pointed out that it’s ready to receive 90% of the stolen funds and recognize the hackers as white hats, without putting their initial intention into account.

In an update on the 5th of August, Nomad assured the users who lost their assets in the hack that its team is currently working hard to recover funds from the exploit. The update says that the firm has collaborated with TRM Labs and law enforcement in a bid to recover the stolen funds from the hackers. The firm also assured that it will not pursue legal action against white hat hackers who return the assets in their possessions to the official recovery wallet address.

Leave a Reply

Your email address will not be published. Required fields are marked *