Balancer said on Sept. 4 that it has sent an on-chain message to the wallet linked to the Aug. 31 exploit of its V1 pool, offering a bounty for the return of stolen funds and promising not to pursue legal action solely for the return if conditions are met. If the attacker does not respond by 5:00 on Sept. 9, Balancer will take technical, on-chain, and legal measures to track them. The exploit resulted in losses of approximately $234,000.

Balancer Offers Bounty to Hacker, Sets Sept 9 Deadline for Return of $234K
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News EditorBalancer sent an on-chain message to the wallet involved in the Aug. 31 V1 exploit, offering a bounty for returning stolen funds and promising not to pursue legal action for the return. If no response by Sept. 9, 5:00, Balancer will take technical, on-chain, and legal measures. Losses: ~$234,000.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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