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Tron (TRX<\/a>) founder Justin Sun is offering a 5% white hat bounty to the hacker who exploited the exchange Poloniex for $125 million in crypto.<\/p>\n Sun, who acquired Poloniex in 2019, says that the hacker has a week to accept<\/a> the offer and return the assets to the wallets he took them from, otherwise, law enforcement will have to get involved.<\/p>\n \u201cWe are offering a 5% white hat bounty to the Poloniex hacker. Please return the funds to the following ETH\/TRX\/BTC wallets. We will give you seven days to consider this offer before we engage law enforcement.\u201d<\/em><\/p>\n According to cybersecurity firm PeckShield, the cyber bandit made away<\/a> with $56 million worth of top altcoin Ethereum (ETH<\/a>), $48 million worth of TRX, and $18 million worth of king crypto Bitcoin (BTC<\/a>).<\/p>\n Blockchain tracking firm Lookonchain finds<\/a> that the bad actor also stole<\/a> a slew of other crypto assets, including stablecoins Tether (USDT<\/a>), USD Coin (USDC<\/a>), as well as popular memecoin Shiba Inu (SHIB<\/a>).<\/p>\n Lookonchain further finds that the hacker was in a rush and accidentally sent $2.5 million worth of the digital asset Golen (GLM<\/a>) to the wrong address, essentially burning the tokens.<\/p>\n Sun goes on to say<\/a> that Poloniex will fully reimburse the stolen funds and collaborate with other exchanges to recover the assets.<\/p>\n \u201cWe are currently investigating the Poloniex hack incident. Poloniex maintains a healthy financial position and will fully reimburse the affected funds. Additionally, we are exploring opportunities for collaboration with other exchanges to facilitate the recovery of these funds.\u201d<\/em><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
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