Term Finance exploit attacker proposes returning 70% of stolen funds in exchange for immunity from law enforcement, claiming 30% as white hat bounty.
Security & Exploits ·
The wallet tied to the Term Finance exploit has issued an on-chain message proposing to return 70% of stolen funds to a specified address while retaining 30% as a self-described white hat bounty. The message, transmitted from the attacker's wallet, frames the offer as a condition to "avoid further law enforcement" action.
The proposal represents a negotiation tactic in which the actor seeks immunity from prosecution in exchange for partial restitution. The framing of the retained 30% as a bounty—a term typically associated with legitimate security research—attempts to recharacterize what would otherwise be criminal proceeds. It remains unclear whether the offer reflects genuine intent to return funds, posturing, or an attempt to appear cooperative.
No confirmation has emerged that Term Finance, affected users, or law enforcement authorities have responded to or accepted the proposal. The extent to which such an arrangement could provide legal protection, should the attacker ever be identified and prosecuted, is not addressed in the communication.