DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

Crypto hacker offered reward after $600m heist

Posted on August 13, 2021 by Dissent

Joe Tidy provides an update on one of the weirdest hacking stories in my recent memory: someone makes a huge heist of cryptocurrency, sends messages to the world and returns the funds, says they did it for fun, and turns down a reward they were offered.

A hacker who stole just over $600m (£433m) worth of cryptocurrency was offered $500,000 and immunity as a reward for returning the money.

Poly Network made the controversial offer after the hacker pledged to send back the money.

The attack was uncovered on Tuesday when Poly Network publicly pleaded with the hacker to help.

One former FBI official said “private companies have no authority to promise immunity from criminal prosecution”.

The attack is one of the largest hacking heists in history. Poly Network said the person had exploited a vulnerability in its system.

Read more on BBC.


Related:

  • UN Cybercrime Convention to be signed in Hanoi to tackle global offences
  • Two U.K. teenagers appear in court over Transport of London cyber attack
  • ModMed revealed they were victims of a cyberattack in July. Then some data showed up for sale.
  • Toys “R” Us Canada customers notified of breach of personal information
  • Kaufman County's data breach was their second one in three weeks
  • Hacking Formula 1: Accessing Max Verstappen's passport and PII through FIA bugs
Category: HackOf Note

Post navigation

← AlphaBay OG announces comeback
Hackers stole client info, work materials in Accenture ransomware attack →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • District of Massachusetts Allows Higher-Ed Student Data Breach Claims to Survive
  • End of the game for cybercrime infrastructure: 1025 servers taken down
  • Doctor Alliance Data Breach: 353GB of Patient Files Allegedly Compromised, Ransom Demanded
  • St. Thomas Brushed Off Red Flags Before Dark-Web Data Dump Rocks Houston
  • A Wiltshire police breach posed possible safety concerns for violent crime victims as well as prison officers
  • Amendment 13 is gamechanger on data security enforcement in Israel
  • Almost two years later, Alpha Omega Winery notifies those affected by a data breach.
  • Court of Appeal reaffirms MFSA liability in data leak case, orders regulator to shoulder costs
  • A jailed hacking kingpin reveals all about the gang that left a trail of destruction
  • Army gynecologist took secret videos of patients during intimate exams, lawsuit says

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • As shoplifting surges, British retailers roll out ‘invasive’ facial recognition tools
  • Data broker Kochava agrees to change business practices to settle lawsuit
  • Amendment 13 is gamechanger on data security enforcement in Israel
  • Changes in the Rules for Disclosure for Substance Use Disorder Treatment Records: 42 CFR Part 2: What Changed, Why It Matters, and How It Aligns with HIPAAs
  • Always watching: How ICE’s plan to monitor social media 24/7 threatens privacy and civic participation

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net
Security Issue: security[at]databreaches.net
Mastodon: Infosec.Exchange/@PogoWasRight
Signal: +1 516-776-7756
DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.