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Thursday, August 8, 2024
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    HomeFinanceJimba's protocol provides the hacker a deal, threatens police motion

    Jimba’s protocol provides the hacker a deal, threatens police motion

    The crew behind exploitative decentralized finance (DeFi) app Jimbo Protocol has provided an exploiter of the app a deal: preserve 10% of the funds and return the opposite 90%, or face prosecution. In any other case, the crew won’t “cease” till the attacker is “behind bars”. The proposed transaction was revealed Could 28 Jimbo’s crew tweeted and posted on the community.

    On Could 28 at 7:25 UTC, the crew launched a message to the Ethereum community stating that the attacker wouldn’t be prosecuted if 90% of the funds have been returned.

    Jimbo’s first protocol message to the attacker. Supply: Ethereum blockchain knowledge
    The Jimbo protocol’s second message to the attacker. Supply: Ethereum blockchain knowledge

    Proceed studying Coin Telegraph.

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