Slope Wallet says it will pay 10% bounty if attacker returns stolen funds

Slope Wallet says it will pay 10% bounty if attacker returns stolen funds

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Slope Wallet says it will pay 10% bounty if attacker returns stolen funds

The Block14 days ago
BountyBounty
SEEDSEED
Impossible FinanceImpossible Finance
SEEDSEED
Team FinanceTeam Finance
Published on August 05, 2022 22:03 GMT+00:00edited on August 08, 2022 12:59 GMT+00:00

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Slope Wallet, the Solana wallet platform exploited earlier this week for roughly $5 million, has announced that it will pay a 10% bounty (worth around $450,000) if the attacker returns the stolen funds. 

In a tweet posted Friday afternoon, the Slope team posted a Solana address and appealed to the thief with an added incentive: “Upon receipt of these funds, we will not make additional efforts to investigate this matter, or pursue any legal action." 

The team gave the attacker a 48-hour window to return the funds and receive the bounty. It added that it has been working with law enforcement and TRM labs, a leading blockchain intelligence firm, to retrieve the stolen funds.  

On Tuesday night, an attacker accessed user seed phrases that had been stored in plaintext on Slope’s centralized …