Odaily Planet Daily reports: On September 4, Balancer stated that its team has sent on-chain messages to wallets associated with the August 31 Balancer V1 vulnerability exploit, proposing a scheme to return the stolen funds in exchange for a bounty, and committing not to pursue legal action against the return itself if conditions are met. If no response is received by 5:00 on September 9, Balancer will take technical, on-chain, and legal measures to trace the attacker. The incident resulted in losses of approximately $234,000.
Balancer Offers Bounty to Hacker, Demands Return of $234,000 by Sept 9
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Summary
Balancer has issued a public on-chain message to the hacker who exploited a V1 vulnerability on August 31, offering a bounty in exchange for the $234,000 in stolen funds. The team has pledged not to pursue legal action if the hacker complies. A deadline of 5:00 AM UTC on September 9 has been set, after which Balancer will use on-chain data to trace the attacker and take further action. Traders are advised to monitor altcoins as the situation develops.
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