Confirming the hack, the company has now praised the hacker and called him ‘Mr White Hat’. The platform has gone a step ahead by offering the post of Chief Security Advisor to the hacker.
Almost a week after a hacker stole $610 million (cryptocurrency) from Polynetwork, the attacker has now been offered a job by the same platform. This hacking attack is considered to be the biggest hack in the DeFi or decentralized finance sector so far. The hacker claimed that his attack on the token swapping platform was a hacking attempt to “protect the project”. He has also started refunding the money soon with the claim of refunding the full amount.
PolyNetwork, which had earlier issued a statement confirming the hack, has now praised the hacker and called him ‘Mr. White Hat’. The platform has gone a step ahead and offered hackers a job on the platform. The position of Chief Security Advisor is offered to the hacker. The identity of this hacker remains unknown. It can be a group of hackers, not just one person.
No legal action will be taken against Mr. White Hat
“To express our thanks and encourage Mr. White Hat to continue contributing to security progress in the blockchain world with PolyNetwork, we have Mr. White Hat as Chief Security Advisor of PolyNetworks,” the company said in a statement. Invite.” The platform also clarified that it has no plans to take any legal action against the hacker. The company further said, “Again, it is important to reiterate that PolyNetwork has no intention of holding Mr. White Hat legally responsible, as we believe Mr. White Hat will immediately return full control of the property to PolyNetwork and its users. will do it.”
Recovery of stolen amount not done till now
This offer comes when the platform has not yet recovered the full amount of theft. The hacker has returned almost half the amount and deposited about $235 million into a combined account that is protected by the two keys needed to unlock the money. One was given to Polynetwork and the hacker has kept the other. The platform has asked the hacker to return the keys so that they can recover the stolen money.
Mr. White Hat has yet to do so even though he has been offered a job.
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