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Curve Finance Offers Public Bounty of $1.85 Million to Identif | Crypto LVL

Curve Finance Offers Public Bounty of $1.85 Million to Identify Hacker

Curve Finance, the troubled DeFi platform that lost over $60 million last week in an exploit, has announced a bounty of $1.85 million to anyone who can identify the exploiter.

In a Tweet Monday, the DeFi protocol noted that the deadline for the “voluntary return of funds” in the Curve Finance heist has already passed.

“We now extend the bounty to the public, and offer a reward valued at 10% of remaining exploited funds (currently $1.85M) to the person who is able to identify the exploiter in a way that leads to a conviction in the courts.”

The on-chain message further read, “if the exploiter chooses to return the funds in full, we will not pursue this further.”

Following the heist, Curve offered the anonymous hacker 10% of the stolen funds for returning the entire assets by August 6. Other impacted protocols, including lending protocol Alchemix and NFT lending protocol JPEGd, joined Curve in this offer.

The DeFi projects have assured as an incentive that they will not pursue any further actions or legal convictions, provided the exploiter(s) voluntarily return the stolen funds.