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Mixin Network Offers Hackers To Keep $20 Million
09/27/2023

Mixin Network Offers Hackers To Keep $20 Million

09/27/2023
4,8

Mixin Network hackers managed to steal $200 million dollars. The protocol developers discovered that the cloud service provider had been hacked. Mixin Network is asking the hackers to return the funds, keeping $20 million for themselves.

It's been a few days since the Mixin Network hack. The developers involved Slowmist and Google in the investigation of the incident. Today, the Mixin team sent the hackers an onchain message asking them to return the stolen assets. The message states that most of the stolen assets belong to users of the protocol, and Mixin hopes the hackers will return the money in exchange for a $20 million bounty.

Interestingly, this tactic has been employed by many crypto projects affected by hacks this month. Coinex, which lost $54 million in crypto asked fraudsters to negotiate. HTX exchange, which lost about 5,000 ETH, asked the scammers to return the stolen funds, keeping 5%. Moreover, Justin Sun offered the hacker a position as a security consultant. In fact, the hackers did not respond to any of the three offers.


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The materials found on the Cryptonica website shall not be taken as individual investment recommendations. The financial instruments or operations mentioned therein may not align with your investment profile or objectives. We assume no responsibility for any missing facts or inaccurate information in the texts. Cryptocurrencies are financial assets with high risk and volatility. Therefore, it is crucial that you conduct your own research on financial instruments and make independent decisions. Before engaging in any actions related to cryptocurrency, you shall study, understand, and comply with the laws applicable in your region and country.

Justin Sun


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