CandleFocus TruFlation offers $500K bounty to recover funds stolen in hack
2024-09-26
Author: Content Editor
Decentralized data company, Truflation, has posted a $500,000 bounty following a $5 million hack. The company is offering the reward for returning the stolen funds or identifying the hacker in a way that leads to a conviction. Truflation clarified that the hack targeted multiple chains by exploiting its treasury multi-signature and personal wallets. The company's ongoing development remains unaffected, although it temporarily halted staking services and limited liquidity on its DEXs. Truflation's CEO confirmed that customer funds are secure and the company has engaged with law enforcement and industry experts to track the attackers. If the hackers do not respond by the given deadline, the company will expand the bounty to the public and offer the full $500,000 to anyone who can help identify and bring the hackers to justice.
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