Shibarium Hacker Demands 50 ETH, Rejects Bounty Offer

The hacker involved in the Shibarium exploit has demanded a bounty of 50 Ethereum, valued over $150,000. This demand comes after rejecting Shibarium Network's initial offer of 25 ETH, which is decreasing daily until the claim period ends.

Key Points:

  • Shibarium Network notes the hacker refuses to accept less than 50 ETH.
  • The exploit has affected projects including Roaring Kitty, Bad Idea Ai, and LTD.
  • Shibarium made multiple offers to the hacker, including a non-legal final offer of 25 ETH.
  • Security firm PerkShield identified the attack using a flash loan and freezing 4.6 million BONE tokens.
  • The hacker offloaded the stolen funds instead of complying with return terms.