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Mango DAO Offers Hacker $47M to Settle Without Pressing Charge | https://t.me/Kucoin_Coins_Token

Mango DAO Offers Hacker $47M to Settle Without Pressing Charges

Mango
DAO has offered a deal to the thief who made off with $100 million in crypto from an exploit in the Mango Markets platform earlier this week—a way to avoid a criminal investigation and pay off bad debt. The Mango DAO, a decentralized autonomous organization that manages Mango Markets. On Tuesday, a hacker was able to steal over $100 million through an exploit in the Mango Markets Solana DeFi exchange. The attacker temporarily drove up the value of their collateral and then took out loans from the Mango treasury. Since then, Mango DAO has debated on the DAO's forum on how to proceed. In a twist, the thief then apparently proposed their own solution.

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