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Sturdy Finance offered a hacker a $100,000 reward

by Vaibhav
June 13, 2023
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Landing DeFi protocol Sturdy Finance suggested in on-chain message a reward of $100,000 to the attacker who hacked the platform for the return of stolen funds.

If the response is positive, the project team will not charge the hacker.

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On June 12, Sturdy Finance was the victim of an attack that resulted in the loss of ~442 ​​ETH (~$770,000). The attacker exploited a re-entry error on Balancer and price oracle manipulation to change the price of B-stETH-STABLE.

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After the attack, the developers of the protocol immediately suspended all services to prevent further possible losses.

Project founder Sam Foreman confirmed the proposed reward on Twitter.

We’ve sent the following message to the Sturdy hacker on-chain:

“To the exploiter: as we have seen with recent hacks, exploits are not as easy to escape from as they used to be. That said, we are willing to offer you $100k as a bounty, and will not pursue you further if you send…

— Sam Forman (@pgpsam) June 12, 2023

“As we have seen in recent incidents, hacking is not as easy to escape as it used to be. However, we are ready to offer $100,000 as a reward and will not pursue you further if you send the remaining funds, ”the message says.

Recall that in April he stole about $ 9 million from the liquidity pool DEX SafeMoon, the attacker agreed to return 80% of the withdrawn funds for stopping the prosecution.

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In the same month, an attacker who hacked the Sentiment DeFi protocol sent back 90% of the stolen assets.

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