Nomad offers hackers 90% of stolen funds to return assets

The Nomad cross-chain protocol team proposed that hackers who drained roughly $190 million from the project’s smart contracts return the stolen assets for a 10% reward.

Many of you have questions about the Nomad Bridge Hack Bounty. We’ve created a post that has the announcement as well as FAQs: https://t.co/fcrMaCRM3A

Please send the funds to the official Nomad recovery wallet address on Ethereum: 0x94A84433101A10aEda762968f6995c574D1bF154

— Nomad (⤭⛓🏛) (@nomadxyz_) August 5, 2022

Nomad will treat anyone who returns at least 90% of the stolen funds as a white-hat hacker. The team will take no legal action against him. The funds must be transferred to Nomad’s official recovery wallet, the statement said.

The developers stressed that they continue to work with the community, law enforcement agencies, and blockchain-analytics-focused firms to recover all assets.

They added that the deal with the project would allow the hacker to avoid ‘possible legal action by third parties’ and government charges.

According to Etherscan, at the time of writing the tokens worth $22 million (more than 11% of the stolen funds) were stored at the адресе specified by the team.

On August 2, 2022, the Nomad was hacked. Analysts estimated the damage from the attackers’ actions at $190 million.

Earlier in the month, unknown hacked around 8,000 wallets on Solana and drained millions of dollars.

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