Bitget said on Sept. 25 that it has opened a "Recovery Bounty Program" tied to a recent security incident, calling on exchanges, blockchain projects, security researchers, investigation firms and on-chain communities to help freeze and recover affected assets. Under the program, participants who successfully freeze funds can receive a bounty equal to 5% of the amount frozen, while those who help recover assets can also receive 5% of the amount recovered. The exchange said Bybit’s Lazarus Bounty program will serve as one of the core channels for the bounty and recovery effort. Bitget also set limits on eligibility: actions taken through court orders, law enforcement requests or other legal procedures do not qualify for rewards. The company said final decisions on eligibility, contribution assessment and bounty amounts will be made by Bitget.
Bitget said on Sept. 25 that it has launched a "Recovery Bounty Program" and is inviting exchanges, blockchain projects, security researchers, investigation agencies and on-chain communities to help freeze and recover assets affected in the recent security incident.
Bounty terms
Under the plan, participants who successfully freeze funds can receive a bounty worth 5% of the frozen amount. Participants who successfully recover funds can receive a bounty worth 5% of the recovered amount.
Channels and eligibility
Bitget said it will use Bybit’s Lazarus Bounty program as one of the core channels for this bounty and asset recovery effort.
Actions taken through court orders, requests from law enforcement agencies or other legal procedures are not eligible for rewards. Bitget said it will make the final determination on eligibility, contribution assessment and the amount of rewards.
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