Slope Promises 10% Bounty To Hackers If They Returns Funds

  • There was a recent hack on Slope wallet users through which their SOL-based tokens and Solana tokens were drained from their accounts, and it took a lot of time to figure out what the reason was.
  • The developers have confirmed a 10% bounty for the hackers if they return the funds that they drained from the users.

Slope Wallet, a web-based cryptocurrency wallet and browser extension that enables investors to manage assets on the Solana blockchain, has announced a 10% bounty for the hackers of the users’ wallets provided they return the funds that they had drained this week.

Additionally, the platform also confirmed that it will not take any legal action against the hackers if the funds are located within 48 hours and returned safely to the users of the wallet. The wallet address in case they want to return the funds is: “DyQ96GwjkHkGSzYEB4NaPk2NxsXyRTMNHKJQd3fziABf”

“Upon receipt of these funds, we will not make additional efforts to investigate this matter, or pursue any legal action,” 

posted Slope on Twitter.

The platform wants the hackers to return the funds and hence, added the incentive of not taking any legal action. It seems that the wallet is offering a sweet deal to the hackers but they have yet to reply to the firm or return the funds.

The hackers made away with more than $4 million by implementing the attack on Slope wallet and it seems that the platform has not planned to sit quietly. In a series of Twitter announcements, the creators said that they have partnerd with TRM Labs, the firm behind the Chainabuse, a community-led scam reporting platform, to track the hackers.

Slope, with the help of Ottersec, a blockchain audit firm with a small team of independent security researchers, to collect and share all the necessary data about the hack so that it becomes easier to track those who are responsible for these huge losses.

We have been tracking hackers behavior on-chain with the help of TRM, a leading blockchain intelligence firm and will continue to make every effort possible on this front.

Slope said in a recent Twitter post.

According to the platform’s Twitter posts, around 9223 wallets were hacked in total which included Phantom, Slope, Solflare, and TrustWallet as well. The hackers had somehow gained access to the private keys of the users’ wallets.

Slope advised in a blog post to all the users of the wallet to “create a new and unique seed phrase wallet, and transfer all assets to this new wallet.” The platform further emphasized that users should not use the same seed phrase on this new wallet that they had on Slope.

Parth Dubey Verified

A crypto journalist with over 3 years of experience in DeFi, NFT, metaverse, etc. Parth has worked with major media outlets in the crypto and finance world and has gained experience and expertise in crypto culture after surviving bear and bull markets over the years.

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