🌋 The KyberSwap Protocol Hacker States His Terms

posted  30 Nov 2023
Photo - The KyberSwap Protocol Hacker States His Terms
He lists his demands:

  • All documents and information related to company / protocol formation, structure, operation, revenues, profits, expenses, assets, liabilities, investors, salaries, etc.
  • Temporary full authority and ownership over the governance mechanism (KyberDAO).
  • Surrender of all Kyber (the company) assets. This is both On-chain and Off-chain assets.

What he offers:

  • Executives, you will be bought out of the company at a fair valuation.
  • Employees, under the new regime your salary will be doubled.
  • Token Holders and Investors, under this treaty, your tokens will no longer be worthless.

And the icing on the cake:

The rebate will be for 50% of the losses you have incurred. I know this is probably less than what you wanted. However, it is also more than you deserve.

The hacker also specified that all these conditions must be fulfilled by December 10th. He stressed: 

Kyber is one of the original and longest-running DeFi protocols. No one wants to see it go under.

The malefactor concluded with a rather "humble" farewell:

Thank you. Kyber Director

The CEO and co-founder of KyberSwap addressed the hacker's terms:

"No one f###ing cares about Kyber users like we do. You deserve the best. Message tomorrow."

Such a scenario seems tailor-made for a cinematic blockbuster.