A hacker who stole only more than $ 600 million (£ 433 million) Cryptocurrency offered $ 500,000 and immunity as a gift to return money.
A hacker who stole only more than $ 600 million (£ 433 million) Cryptocurrency offered $ 500,000 and immunity as a gift to return money.
The Poly network made a controversial offer after the hacker promised to send money back.
The attack was open on Tuesday when the Poly network openly begged for hackers to help.
A former FBI official said “private companies have no authority to promise immunity from criminal prosecution”.
The attack is one of the biggest hacking heis in history. Poly Network said the person had exploited vulnerabilities in its system.
Most of the money has now been given back, even though the hackers say they are not interested in gifts.
Shortly after hacking each anonymously posted a note to the blockchain available to stiffen the company and ask for advice on how to wash its stolen wealth.
Then, the criminal claimed “not interested in money” and promised to restore everything.
Hacker Heist Cryptocurrency returns $ 260 million funds
Hackers steal $ 600 million in the main heist cryptocurrency
On Thursday night, Poly Network said that most of the remaining assets in the possession of hackers had been transferred to digital wallets controlled by hackers and companies.
Poly Network said it was still waiting for a fully finished payment process but it worked with hackers.
Some of the stolen coins were frozen shortly after the attack had not been transferred but could not be used by hackers.
“Hackers still accommodate $ 33.4 million [tokens] – because it has been frozen by Tether itself,” Tom Robinson, Elliptic Co-Founder, a London-based Blockchain compliance firm, told the BBC.
He added that it could be seen on the blockchain that “several thousand dollars’ from various other tokens” were detained by hackers.
However, it is not clear, if this is part of stolen assets, or contributions that hackers ask people to send them on Thursday as a thank you have returned money.
Other extraordinary money also includes Ether tip 13.37 ($ 40,000), which is sent by hackers to users who warn them that Tether token has been frozen by the developer.
In three page T & A posted online anonymous hackers claimed him or he carried out theft for fun and pushed the Cryptocurrency Firm Poly exchange network to improve his security.
Immunity
Poly tissue seems to have received an explanation and dubbed the hacker “Mr. White Hat”.
White hat hackers are ethical security researchers who use their skills for good to help organizations find security shortcomings.
Telephone
Image caption-security expert is worried that it offers to pay for a hacker to restore stolen assets can set a bad precedent
Poly network confirmed that he sent a note for an attack that said “We believe that your actions are white hat behavior, we plan to offer you a $ 500,000 prize”.
The company added: “We assure you that you will not be responsible for this incident.”
Steps that are thought to have angered some in the world of security that is worried that it can set a precedent for a criminal hacker to wash the white eyes.
Katie Paxton-Fear, a white hat hacker and lecturer at the University of Manchester Metropolitan, said that “labeling this hack as a white hat completely disappointing”.
Mrs. Paxton-Fear has found more than 30 vulnerabilities in the organization starting from the US Department of Defense (DOD) to Verizon Media.
‘No authority’
“Hacking White Hat is about having a scope, not touching several systems, working with a team, writing professional reports that detail our findings, do not go further than we have to show,” he said.
“Our approach is ‘First, Don’t Dangerous’, potentially verified improvements to be applied and do not place any user data at risk.”
Charlie Steele, a partner at the Forensic Risk Alliance and former officials of the Department of Justice and the FBI were also worried about the alleged offer of the Poly NEtwork
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