AU project on BSC exploited; team makes white-hat settlement offer to attacker proposing 10% bounty for return of 90% of stolen funds.
Security & Exploits ·
The AU project team has publicly appealed to the attacker behind an exploit on the Binance Smart Chain, offering a settlement that would allow the exploiter to retain 10% of the stolen funds as a white-hat bounty in exchange for returning the remaining 90%. The incident has affected nearly 60,000 retail users whose assets were transferred from the BSC chain. The team's message was posted on-chain and includes a refund address where the funds could be returned.
The proposal frames the exploit as a potential security discovery rather than a malicious attack, pledging no further legal action if the attacker accepts the settlement terms. The team emphasizes that the stolen funds belong to community members rather than the project treasury, characterizing the losses as catastrophic damage to the broader user base.
It remains unclear whether the exploiter will respond to the settlement offer, what the total value of stolen funds amounts to, or whether additional details about the underlying vulnerability will emerge. The outcome will likely depend on whether the attacker engages with the proposal or takes alternative action.