Security News > 2021 > August > OK, so you stole $600m-plus from us, how about you be our Chief Security Advisor, Poly Network asks thief

The mysterious thief who stole $600m-plus in cryptocurrencies from Poly Network has been offered the role of Chief Security Advisor at the Chinese blockchain biz.

After Poly Network urged netizens, cryptoexchanges, and miners to reject transactions involving the thief's wallet addresses, the crook started giving the digital money back - and at least $260m of tokens have been returned.

"It is important to reiterate that Poly Network has no intention of holding Mr White Hat legally responsible, as we are confident that Mr White Hat will promptly return full control of the assets to Poly Network and its users," the organization said.

First, Poly Network offered him $500,000 in Ethereum as a bug bounty award.

"We are 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," it said in a statement.

"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."

News URL

https://go.theregister.com/feed/www.theregister.com/2021/08/18/poly_network_job/