On Sunday, crypto platform WazirX, which lost a staggering $234 million worth of digital assets in a cyber breach, announced $23 million in bounty to recover the stolen funds.
The company invited white hat hackers, blockchain forensics experts, and cybersecurity professionals worldwide to join the recovery mission.
WazirX said it offers a reward equivalent to 10 percent of the recovered amount, subject to successful recovery and verification. “This could potentially amount to $23 million, making it one of the largest bounties ever offered in the crypto industry,” said the crypto platform.
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“Our foremost goal is to recover the stolen funds. This bounty program is designed to tap into the expertise of the community to achieve this critical objective,” said Nischal Shetty, Founder, WazirX.
The bounty program will be active for three months.
The cyber attack, which occurred on July 18, resulted in $234 million being stolen from the WazirX multisig Ethereum Wallet.
