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The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward - Crime - Nairaland

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The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by PENISgod: 8:40pm On Aug 18, 2021
The crypto thief is being offered the role of Chief Security Advisor and a $500,000 reward.
Last week, over $600M in cryptocurrency was stolen in an elaborate digital heist when a hacker exploited a vulnerability in Poly Network, a platform used to make cryptocurrency transactions across different blockchains. If that wasn't a wild enough story, the hacker later returned nearly all of the stolen currency after the illegal transactions were flagged (which made the money nearly impossible to convert to US dollars anyway).

In yet another bizarre twist to this story, Poly Network announced today in a Medium post that it has maintained daily contact with the hacker referred to as Mr White Hat. Poly Network claims that the hacker shared his concerns about "Poly Network’s security and overall development strategy" in the post.

Poly Network then offered Mr. White Hat a job as Chief Security Advisor of Poly Network. It's not uncommon for hackers to make living testing out the digital defense of large companies for a fee. The idea is: Who better to run your security than the person who robbed you?

"We are also counting on more experts like Mr. White Hat to be involved in the future development of Poly Network since we believe that we share the vision to build a secure and robust distributed system," the company wrote. "Also, to extend our thanks and encourage Mr. White Hat to continue contributing to security advancement in the blockchain world together with Poly Network, we cordially invite Mr. White Hat to be the Chief Security Advisor of Poly Network."

Poly Network also promised Mr. White Hat a $500,000 bug bounty for discovering the exploit that resulted in the massive theft, although the hacker initially turned it down. Poly Network still sent him the $500K for him to do as he pleases. The company also stated that it is not holding Mr. White Hat legally responsible because it's "confident that Mr. White Hat will promptly return full control of the assets to Poly Network and its users."

Though his name is Mr. White Hat, some users have found it hard to believe that the theft was an unexpected security test and not simply a messy heist that both sides are now trying to recover from.

And if you're still keeping count, as of Friday, $340M was returned along with $238M to a multi-signature wallet with a remainder of $33M that's currently waiting to be unfrozen. Poly Network also took this moment to turn lemons into lemonade and announce the launch of a bug bounty program. Discovering vulnerabilities on their platform can score you up to $100,000.

Link: https://www.pcgamer.com/the-hacker-who-stole-and-gave-back-dollar600m-has-been-offered-a-job-and-reward-from-the-company-he-stole-from/

1 Like

Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by kelvinezeh55(m): 8:41pm On Aug 18, 2021
cool
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Goldbw122(m): 8:42pm On Aug 18, 2021
cheesy
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by OBTMOS(m): 9:21pm On Aug 18, 2021
A very wise decision

2 Likes

Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by GardenOfGod(m): 9:22pm On Aug 18, 2021
Interestingly interesting
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by lafiagi007: 9:23pm On Aug 18, 2021
Wow, but you should add the link to your source oo, abi you dey there when everything apun ni?
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Sabadon(m): 1:42am On Aug 19, 2021
Robin-hood
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Nobody: 1:49am On Aug 19, 2021
Good decision.
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Stainlezzking: 7:02am On Aug 19, 2021
Who knows courses or language or part of programming I need to learn to he a hacker, it's so cool
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Stainlezzking: 7:02am On Aug 19, 2021
Who knows courses or language or the part of programming I need to learn to he a hacker, it's so cool
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by faithfull18(f): 8:18am On Aug 19, 2021
Hmmn.
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by princemillla(m): 9:06am On Aug 19, 2021
Good one abi make me self go test my hacking capability with CBN? grin

1 Like

Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Franzinni: 9:32am On Aug 19, 2021
Nice one oga nah oga
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Sonnobax15(m): 10:01am On Aug 19, 2021
wink[right][/right] angry
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by SundayIgboh: 10:28am On Aug 19, 2021
Very nice of him
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Gadafii: 10:58am On Aug 19, 2021
If you can't beat them, invite them to teach you their ways cheesy

1 Like

Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Nobody: 3:21pm On Aug 19, 2021
One of the easiest ways white boys make money.

Hack and return and get rewarded.
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Nobody: 3:23pm On Aug 19, 2021
Almost everything we do in life runs on an operating system. Which can be interpreted by a genius.

God bless Bill Gates, Steve Jobs, the Google companies, Amazon, Elon Musk and finally not forgetting...

Obi Cubana.
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Telegram234(m): 4:16pm On Aug 19, 2021
He is not a thief,
He is a Grey hat hacker.
Meaning he is not interested to steal the money, he is probably doing just for fun or to explore vulnerability..

1 Like

Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by NIJJAking(m): 9:21pm On Aug 19, 2021
Repent now of your sinful evil ways to avoid spending your eternity in hell fire after you die. Jesus Christ love and warns you to repent and convert now to Christianity to avoid hell fire. Only Jesus Christ can save you by his death on the cross and his blood which washes away your sins, any other ways ( Islam, paganism, Hinduism, atheism, etc) can not save you. Be wise while you still have the chance accept Jesus Christ now and save your soul from hell. Be wiser than Satan and follow the one true God. This is the eternal truth from the spiritual realm.
Re: The Hacker Who Stole And Gave Back $600M Has Been Offered A Job And Reward by Formularcr7: 7:06am On Aug 20, 2021
Still don't change the fact that he's a criminal.

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