Duelbits offers on-chain bounty settlement over stolen funds

Duelbits offers on-chain bounty settlement over stolen funds

N
News Editor
2026-10-08 10:48:46
Duelbits has posted an on-chain settlement proposal tied to its stolen funds case, according to monitoring by Defimon Alerts. The message said the platform had traced the movement of the stolen assets and identified suspected parties along with related wallets, exchanges, and accounts. Under the proposal, the counterparty would be allowed to keep an agreed portion of the funds and return the rest. The message added that if a formal agreement is signed and repayment is completed, Duelbits would not pursue criminal charges or take further legal action. Foresight News had previously reported that on Sept. 24, Duelbits lost about $7 million after a private key leak compromised its hot wallet. The latest development points to a negotiated recovery route rather than an immediate escalation, though the terms referenced in the on-chain message were not disclosed in detail.

Duelbits has issued an on-chain bounty settlement proposal in connection with its stolen funds case, according to monitoring by Defimon Alerts.

An on-chain message said Duelbits had traced the flow of the stolen funds and identified suspected parties as well as related wallets, exchanges, and accounts.

Under the proposal, the other side would be allowed to keep an agreed portion of the funds and return the remainder. The message said that if a formal agreement is signed and repayment is completed, Duelbits would not file criminal charges or take further legal action.

Foresight News previously reported that on Sept. 24, Duelbits lost about $7 million after a private key leak affected its hot wallet.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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