Cryptocurrency exchange Poloniex recently issued a message to the hacker responsible for stealing over $100 million in digital assets from its wallet, saying they had identified the individual and offered the perpetrators the opportunity to return the assets in exchange for $10 million bounty.
On-chain messages shared Blockchain security company PeckShield showed the information Poloniex gave hackers on social media. According to the exchange, they have confirmed the identity of the hacker. The exchange further emphasized that they are cooperating with multiple law enforcement agencies in the United States, Russia, and China.
Additionally, Poloniex mentioned that the stolen funds have been marked and cannot be used. Although they have confirmed the identity of the hacker, the exchange still gave the hacker until November 25th to return the funds and receive a $10 million white hat reward. However, police will take action if the funds are not returned.
While the message suggests the hacker has been identified, some community members are unconvinced by the new development.In a post on X (formerly Twitter), a community member explain If the hackers had been identified, the exchange would not have had to involve police from three different countries or send the same message in 15 different languages.
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The hack occurred earlier this month when a suspicious outflow of funds was detected from one of Poloniex’s crypto wallets. On November 10, multiple blockchain security companies determined that more than $100 million was stolen from the exchange’s wallets.
In response to the attack, Poloniex disabled the wallet for maintenance. In addition, the exchange also provides a 5% fund rebate reward. On November 15, the exchange resumed currency withdrawals with the assistance of a security audit company to enhance the security of the exchange.
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