Protocol team offers white-hat disclosure terms to exploit actor: return 70% of stolen funds and matter will be closed.
Security & Exploits ·
A protocol team has posted an on-chain message offering to resolve a security breach through white-hat disclosure terms. The message, sent from a wallet address on Ethereum mainnet, proposes that the exploit actor return 70% of the stolen funds to a specified address, after which the team will consider the matter closed and halt further legal or technical pursuit. The offer was posted publicly on the blockchain, making it visible to all network participants.
The proposal represents an attempt to recover a portion of the funds taken in an exploit without resorting to law enforcement or prolonged recovery efforts. The specific percentages and terms suggest negotiation may have already occurred off-chain, or that the team is setting a floor for settlement. White-hat disclosure arrangements in crypto typically involve the actor returning stolen capital in exchange for immunity or reduced consequences.
What remains unclear is whether the exploit actor will accept the terms, the timeline for response, and the identity or scope of the protocol affected. The message does not specify the total amount at stake, the nature of the vulnerability exploited, or details about the stolen funds' current location or composition.