KyberSwap’s $47 Million Hacker to Propose Deal in Upcoming Statement The KyberSwap hacker has indicated plans
to propose a deal, with a statement expected on November 30.
Following last week’s $47 million exploit of KyberSwap, the hacker has left a message on the network reinstating the inclination to negotiate, with plans to release a detailed statement
on a potential agreement tomorrow. “I said I was willing to negotiate. In return, I have received (mostly) threats, deadlines, and general unfriendliness from the executive team. That’s ok, I don’t mind,” said the hacker in an Ethereum transaction.
“I have prepared a statement concerning our (potential) treaty. I plan to release it on Nov. 30 at Noon UTC, sharp.”
The hacker also
left an on-chain message when they first exploited the decentralized crypto exchange on Nov. 23, stating,
“Negotiations will start in a few hours when I am fully rested. Thank you.” Recently the company engaged with the operators of frontrunning bots
that withdrew approximately $5.7 million from KyberSwap’s pools on Polygon and Avalanche amid the security breach. Following discussions, these operators consented
to return 90% of the extracted user funds, resulting in a recovery of $4.67 million by KyberSwap.
