The DAO behind the exchange issued an onchain warning to those responsible for a major exploit: Return the funds for a bounty or face the consequences.
The Balancer Decentralized Autonomous Organization (DAO) issued an onchain notice to the wallet holder behind an exploit this week that resulted in more than $100 million in digital assets being stolen.
In a Friday X post, Balancer posted a copy of the message it sent to the individual or group responsible for the incident tied to the platform’s V2 Composable Stable Pools. The decentralized exchange offered them until Saturday to return the funds in exchange for an unspecified bounty, or it would use “technical, onchain, and legal measures” to pursue matters.
“We understand that affected users are awaiting further updates,” Balancer said of the exploit. “We will continue to provide information as the investigation progresses.”
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments