According to some experts, the KyberSwap team could release control into the hands of the KyberSwap operator, but the KyberSwap team made a strange move.
KyberSwap is a moderately popular decentralized crypto exchange. 10 days ago, the KyberSwap platform was exploited by an unknown hacker. That hacker stole nearly $49 million worth of crypto assets while confirming that he would negotiate with the KyberSwap team. At the time, people expected the hacker to return almost all the money, but strangely, something unexpected happened.
On November 30, that hacker sent a chain message offering a very strange negotiation plan.
He said he wants 100% control of the KyberSwap platform, from all types of fund ownership to government control.
He said he would give double the salary to the employees and also warned that if the KyberSwap leadership did not accept his offer, the KyberSwap platform would collapse forever.
On December 1, Ripple CTO David Schwartz also responded to this strange negotiation and indirectly hinted that the situation was in the hacker’s favor.
The KyberSwap team has until December 10, 2023 to agree to this negotiation offer.
On December 2, the KyberSwap team announced that they planned to extend the KyberSwap Treasury grant to every user to compensate the KyberSwap users who suffered losses in this incident.
The KyberSwap team will announce its roadmap on this matter in the next two weeks and it will be a great decision by this crypto project team.
The trading price of Kyber Network Crystal (KNC) is struggling amid this bad situation of the KyberSwap exchange.
Also read: Colombian President Petro became an official supporter of BTC