SafeMoon hacker agrees to return 80% of stolen funds

SafeMoon hackers have agreed to return 80% of the funds stolen in last month’s liquidity hack. @SafeMoonSpidey.

SafeMoon lost $9 million

On March 28th, a smart contract vulnerability was exploited, exfiltrating liquidity and rewarding attackers with $9 million in tokens.

In the weeks that followed, the Safemoon community expressed frustration at the lack of meaningful updates on the issue.

for example,”new #safemoon Your app build has been submitted!was panned for being ambitious and labeled as a distraction to fudge hacks. rice field.

Hackers return 80% of funds

According to @SafeMoonSpidey, the parties made a deal that the hackers would return 80% of the funds. The message on the chain says:

“After careful consideration of the situation, we believe this is in the best interest of SafeMoon and the community.”

@SafeMoonSpidey He said it was “pretty likely” that the team was waiting for this solution before “updating the app.”

Some replies raised the issue that hackers received bounties for their criminal activities. @SafeMoonSpidey liked to call the 20% reward a white hat bounty. Furthermore, he added that an 80% return is better than nothing.

The post, where SafeMoon hackers agreed to return 80% of stolen funds, first appeared on CryptoSlate.

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