Wormhole Offers $10 Million to Ethereum thieves

By victoria
February 8, 2022 Updated March 2, 2022
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Wormhole offers $10M to Ethereum thieves

Last Wednesday, hackers stole about $320 million in cryptocurrency from Wormhole, a bridge between Solana and other DeFi blockchain networks. The online stealers made away with 120,000 wETH, or so-called wrapped Ether.

The hackers then converted 93,750 of it into Ethereum and transferred it to another wallet.

Wormhole offers a $10 million bounty

Five days after the heist now, Wormhole offers $10 million to anyone who provides ‘information leading to the arrest and conviction of those responsible for last week’s theft.

Wormhole reaffirmed its “white hat” $10 million offer to the stealers in exchange for the secure return of robbed funds. Additionally, the platform offered $10 million for news leading to the detention of the threat actors.

The platform in a blogpost announced on its official website, “A $10,000,000 reward is offered for any information leading to the arrest and conviction of those responsible for the hack of Wormhole on February 2, 2022, or the recovery of the stolen assets”. “The $10,000,000 white hat offer remains open for the timely return of the funds. You can reach out to [email protected]

Wormhole hack is another headache adding to a slew of problems for Solana, the blockchain that boasts lower transaction fees than primary rival Ethereum. Last fall, Solana was down for 17 hours after trading software bots attacks, which also recently degraded the network’s performance.

 

Victoria is a Nigerian journalist and entrepreneur with a background in Communications. She's interested in writing about Cryptocurrency, Blockchain and Humans. She owns a tad bit of BTC and ETH and her favorite thing to do is sit by the ocean listening to Beyoncé.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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