Poloniex identifies hacker, offers $10M for return of funds

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The recently hacked crypto exchange Poloniex claims it had learned the real identity of the attacker and is offering to pay them a $10 million white hat bounty for the return of the funds.

In an on-chain message to the hacker, Poloniex said it had already confirmed the attacker’s identity and had given the culprit until November 25, 2023 to return the stolen assets. The company has also said that the stolen funds have been marked and cannot be used and that it is working with various law enforcement agencies from the United States, Russia and China.

The Poloniex hack took place earlier this month after the hacker compromised its hot wallets and made off with over $100 million worth of Bitcoin and Ethereum. Some cybersecurity experts suggested at the time that a notorious North Korean state-sponsored hacker group known as Lazarus was behind the heist.

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