On October 21st, the Tapioca Foundation proposed a settlement agreement to the attacker through a message on the chain yesterday, agreeing to provide them with a $1 million USDT bounty without any strings attached.
It added that the funds were significantly higher than the general bounty ratio (i.e. 10% of the stolen funds) in exchange for the attacker returning the remaining $3.70 million, and called on the attacker to contact the official via email by 4:00 pm (UTC time) on October 22, 2024.
Previously, the Tapioca DAO was attacked on October 18, resulting in the theft of $4.70 million in cryptocurrency. The Tapioca Foundation described the incident as a "social engineering attack".
Tapioca Foundation to Offer $1 million Bounty to Attackers
2024-10-21 08:18:12
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