ME News reports that on October 22 (UTC+8), Cysic issued a settlement proposal to the attacker responsible for the unauthorized minting of 10 million CYS tokens, demanding that the attacker return 275.872 ETH to a designated address by the Cysic Foundation within 72 hours of the on-chain announcement—approximately 90% of the confirmed ETH proceeds. In exchange, the attacker may retain the remaining approximately 30.652 ETH as a bug bounty. Cysic stated that it has restored the critical attack components and preserved all relevant technical and on-chain evidence; if the funds are not returned within the deadline, the project team will escalate the response and involve law enforcement to pursue a full criminal investigation. (Source: ODAILY)
Cysic proposes a 10% white-hat bounty and demands the return of 275.872 ETH within 72 hours.
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Summary
On October 22 (UTC+8), Cysic proposed a 10% white-hat bounty, demanding the return of 275.872 ETH within 72 hours. The attacker is instructed to transfer the funds to the Cysic Foundation’s address in exchange for retaining 30.652 ETH. The project has preserved on-chain evidence and may escalate the matter to law enforcement if the deadline passes. The ETH price remains under close monitoring as the situation develops.
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