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UwU Lend to offer $5 million bounty for 'first person to identify and find' exploit

CointimeCointime2024/06/14 01:25
By:Cointime

After the attacker was unable to return the funds to UwU Lend, the protocol is taking another measure to find the hacker. Based on the Input Data Message (IDM) on Ethereum, UwU Lend has set a $5 million ETH bounty for the "first to identify and locate" the exploiters, adding that "no funds or fees need to be recovered".

Previously, the protocol had directly discussed setting a bounty with the exploiters. Attackers can keep 20% of what they stole as long as they return 80%. If the exploiters comply, the protocol says it will not pursue the matter further or involve law enforcement.

The attacker must return the funds by 1pm EST on Wednesday. But in a message sent to the attacker on Thursday, UwU Lend wrote, "The deadline for returning the funds you stole has passed."

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