The attacker who drained $8.9 million of Binance Coin (BNB) from SafeMoon has agreed to return 80% of the funds, according to an April 18 blockchain message from the SafeMoon team.
Breaking News: #SafeMoon has struck a deal with the “hacker”
80% LP return imminent.
20% bounty for “hacker”
And no charges pressedNow, back to your regularly scheduled program. pic.twitter.com/x94fSb4EoP
— SafeMoonSpidey.sfm ⎷ (@SafeMoonSpidey) April 18, 2023
SafeMoon is a decentralized finance (DeFi) protocol that runs on BNB Chain. It was hacked on March 28, resulting in a loss of 27,000 BNB, worth $8.9 million at the time.
On April 18, at 1:19 p.m. UTC, the SafeMoon Deployer account posted a transaction to the BNB network with the attacker’s address as the recipient. The transaction contained a coded message in 8-bit Unicode Transformation Format (UTF-8) that stated the following:
“SafeMoon has reached an agreement with the party currently holding the funds. Specifically, SafeMoon has agreed to accept 80 percent of the amount returned, with the other party retaining the balance as a bounty. SafeMoon has further agreed not to file any legal actions against them. After careful consideration of the circumstances, it is believed this is in the best interest of SafeMoon and the community.”
The coded message is the latest in a series of communications between the SafeMoon team and the attacker as the parties attempted to settle. On March 29, the attacker claimed they had drained the funds accidentally.
The team responded o
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Author: Tom Blackstone
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