Tron (TRX) founder Justin Sun says he will offer a 5% reward if the hackers who stole nearly $8 million worth of Ethereum (ETH) from his exchange HTX decide to return the crypto.
HTX is the new name of Huobi, the Seychelles-based trading giant that Sun says it is an advisor to.
It remains unclear whether Sun has an actual ownership stake in HTX, although he has reportedly used hundreds of millions of dollars of his personal fortune to support the exchange.
Hackers hacked HTX this weekend for approximately 4,999 ETH worth $7.9 million, according to the blockchain security company PeckSchild.
Sun say the exchange has “fully covered losses” and resolved all issues related to the hack.
“$8 million represents a relatively small amount compared to the $3 billion in assets our users own. It also amounts to just two weeks of revenue for the HTX platform.
We discovered the hack immediately after yesterday’s incident (6:00 PM SGT 24-09-2023) and took swift action to prevent any losses. As a result, all funds are safe and trading activities have continued as usual. We immediately addressed and resolved all issues, returning the platform to normal without delay.
We are willing to offer 5% of the stolen amount ($400,000) as a white hat reward to encourage the hacker to return the stolen money. If the hacker returns the money, we will also hire him as a security white hat consultant for HTX.”
Sun also says that if the money is not returned within a week, the exchange will pass on information about the exploit to law enforcement.
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