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posted by martyb on Thursday August 19 2021, @09:51AM   Printer-friendly
from the it's-a-trap! dept.

The hacker who stole and gave back $600M has been offered a job and reward from the company he stole from:

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?

#PolyNetwork has no intention of holding #mrwhitehat legally responsible and cordially invites him to be our Chief Security Advisor. $500,000 bounty is on the way. Whatever #mrwhitehat chooses to do with the bounty in the end, we have no objections. https://t.co/4IaZvyWRGz href="https://twitter.com/PolyNetwork2/status/1427574236483231749">August 17, 2021

[...] 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.


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  • (Score: -1, Spam) by Anonymous Coward on Thursday August 19 2021, @11:13AM

    by Anonymous Coward on Thursday August 19 2021, @11:13AM (#1168471)

    feed me all night long! heh, that's right boy!

    you can do iiiiiiiiitttttttttttt!

    FEED ME SEYMOUR

  • (Score: -1, Troll) by Anonymous Coward on Thursday August 19 2021, @01:13PM

    by Anonymous Coward on Thursday August 19 2021, @01:13PM (#1168481)

    Is male privilege finally being applied to GRID/AIDS-infested homosexual incel dorks, who have small genitals, whom we really should just shove in lockers?

    When do I get my back pay from the allmen conspiracy? I did my part as a bathroom rapist advanced infiltrator, but I still need my 25% male privilege stipend. I guess I'll send a sternly worded letter to the central committee of the allmen conspiracy.

  • (Score: 3, Interesting) by looorg on Thursday August 19 2021, @01:42PM (1 child)

    by looorg (578) on Thursday August 19 2021, @01:42PM (#1168490)

    He was so concerned about their security and development that he saw no other way to proceed then to rob them blind. Then later gave it back, for some reason. Perhaps it was to hard to actually monetize, or perhaps he is actually Mr. White Hat.

    In the end steal $600M and get a reward for $500k for doing it, I gather he told them how to fix the issue so it couldn't happen again. It's a decent reward, just not compare to what he held in his digital digits mere moments ago. Question is if it's actually a reward or if it is a payment to have the funds stolen returned. It could be interpreted as being either as far as I can tell but it sounds nicer as a bug-reward, but normally then you don't first break in and steal things.

    If I was him I would take the reward and run, I would not take the job offer. After all that sounds like a trap.

    That said having looked at their website I'm not even entirely sure what it is that they do. Moving crypto around? Block-chain-moneylaundring? I don't know much about the company either cause the site tells you nothing in that regard.

    • (Score: 5, Insightful) by Anonymous Coward on Thursday August 19 2021, @02:13PM

      by Anonymous Coward on Thursday August 19 2021, @02:13PM (#1168506)

      Sucker them into believing they'll get a job and reward money, then when they come to get it the cops bust them anyways. This is literally the same playbook that was used by the FBI and Valve to catch that German hacker who leaked the Half-Life 2 source code, along with Steam, back in the day.

      Be wary hacker dude, you'll look pretty dumb if your story parallels his.

  • (Score: 3, Insightful) by Mojibake Tengu on Friday August 20 2021, @02:27PM

    by Mojibake Tengu (8598) on Friday August 20 2021, @02:27PM (#1168837) Journal

    This is obviously a trap on dude.

    The deed was a crime. As it stands written by laws.
    Even if a victim of a crime forgives, the law enforcement apparatus did not, and, most importantly, can't do that for many bureaucratic reasons.

    It's even a cliché in hacking theater. Often the law enforcement asks the victims to perform this stunt on stupid amateurs.

    --
    Rust programming language offends both my Intelligence and my Spirit.
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