RE: LeoThread 2025-03-01 19:51
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Funds have been deposited onto a recognized exchange’s bounty platform. Due to a prompt response following the security breach, only approximately $1 million (402 ETH) in funds were affected.
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There is pride that such a modest figure was involved, especially considering being the primary target of a notorious group on decentralized exchanges.
"Join the effort against the infamous group - https://t.co/EEkj05V2xZ
An
industry-leading bounty platform that offers complete transparency on the group’s money laundering operations.
Version 1 features include:
• Enabling bounty hunters by linking wallets to trace funds—with rewards provided immediately upon freezing when bounty submissions lead to a freeze.
• Freezers receive 5% of the bounty, applicable to
exchanges, mixers, and more.
• A live ranking system highlighting both compliant and non-compliant actors based on their response times to prevent sanctionable transactions.
• Real-time API updates on wallet addresses for various
monitoring partners like major blockchain analytics firms.
A dedicated team is assigned to continuously manage and update this platform until the group and similar malicious actors are completely eradicated. Plans are in place to extend its use to other victims in the future.
Upcoming Version 2 includes:
• Live updates on wallet balances, allowing bounty hunters to claim wallets and monitor their activity for limited periods.
• New regulatory tools
• Additional enhancements based on community feedback
LET
THE HUNTING SEASON BEGIN! #Blockchain #Security