{"id":87550,"date":"2023-11-27T13:08:33","date_gmt":"2023-11-27T11:08:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=87550"},"modified":"2025-09-13T12:33:29","modified_gmt":"2025-09-13T09:33:29","slug":"kyberswap-warns-about-fake-compensation-claims","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kyberswap-warns-about-fake-compensation-claims\/","title":{"rendered":"KyberSwap warns about fake compensation claims"},"content":{"rendered":"<p>The KyberSwap decentralized exchange team said that compensation messages following the breach are scams.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">?Important Notice ?<\/p>\n<p>Any reimbursement claims currently circulating are scams. Please don\u2019t engage. Only refer to this official account <a href=\"https:\/\/twitter.com\/KyberNetwork?ref_src=twsrc%5Etfw\">@KyberNetwork<\/a> for updates, which will be provided as the situation unfolds. <a href=\"https:\/\/t.co\/AdIHb9hrUs\">pic.twitter.com\/AdIHb9hrUs<\/a><\/p>\n<p>\u2014 Kyber Network (@KyberNetwork) <a href=\"https:\/\/twitter.com\/KyberNetwork\/status\/1728273457832661167?ref_src=twsrc%5Etfw\">November 25, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Representatives said that the KyberSwap profile can be spoofed to spread malicious links. They said updates on the situation are published only on the project&#8217;s official account.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Many phishing scam links may appear in tweet replies. Please be very alert when reading tweet replies and do not click on any unverified links.<\/p>\n<p>\u2014 Kyber Network (@KyberNetwork) <a href=\"https:\/\/twitter.com\/KyberNetwork\/status\/1728470192127439356?ref_src=twsrc%5Etfw\">November 25, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Please be very careful when reading replies to tweets and do not click on unverified links,&#8221; the message said.<\/p>\n<\/blockquote>\n<p>The team also said it had contacted the owners of frontrun bots, which during the exploit drained about $5.7 million. The parties agreed to return 90% of the funds and a 10% reward.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The KyberSwap team has been in contact with the owners of the frontrun bots that extracted about $5.7M* worth of funds from KyberSwap pools on Polygon and Avalanche during the exploit.<br \/>We have negotiated with the owners of the frontrun bots to return 90% of the users\u2019 funds taken\u2026<\/p>\n<p>\u2014 Kyber Network (@KyberNetwork) <a href=\"https:\/\/twitter.com\/KyberNetwork\/status\/1728800315955437743?ref_src=twsrc%5Etfw\">November 26, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00ab[\u2026] \u043c\u044b \u043f\u0440\u043e\u0434\u043e\u043b\u0436\u0438\u043c \u043e\u043a\u0430\u0437\u044b\u0432\u0430\u0442\u044c \u043f\u043e\u0434\u0434\u0435\u0440\u0436\u043a\u0443 \u043f\u0440\u0430\u0432\u043e\u043e\u0445\u0440\u0430\u043d\u0438\u0442\u0435\u043b\u044c\u043d\u044b\u043c \u043e\u0440\u0433\u0430\u043d\u0430\u043c \u0438 \u0441\u043b\u0443\u0436\u0431\u0430\u043c \u043a\u0438\u0431\u0435\u0440\u0431\u0435\u0437\u043e\u043f\u0430\u0441\u043d\u043e\u0441\u0442\u0438 \u0432 \u043f\u043e\u0438\u0441\u043a\u0435 \u0438 \u0432\u043e\u0437\u0432\u0440\u0430\u0442\u0435 \u0441\u0440\u0435\u0434\u0441\u0442\u0432 \u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u0442\u0435\u043b\u0435\u0439\u00bb, \u2014 \u0443\u0442\u043e\u0447\u043d\u0438\u043b\u0438 \u0432 <span data-descr=\"decentralized exchange\" class=\"old_tooltip\">DEX<\/span>.<\/p>\n<\/blockquote>\n<p>The Elastic Pools liquidity pool hack, which saw the hacker drain about $47 million from the protocol, <a href=\"https:\/\/forklog.com\/en\/news\/hacker-drains-kyberswap-elastic-pools-of-about-47-million\">became known<\/a> on November 23. He left a message with the transaction indicating an intention to start negotiations &#8220;in a few hours&#8221;.<\/p>\n<p>Subsequently, the KyberSwap <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-dao-decentralised-autonomous-organisation\">decentralized autonomous organization<\/a> approached the attacker with an offer to return most of the funds by November 25 in exchange for a reward. It appears the negotiations did not take place.<\/p>\n<p>In November, an unknown individual withdrew <a href=\"https:\/\/forklog.com\/en\/news\/hacker-siphons-off-25-million-from-kronos-research-platform\">$25 million<\/a> in cryptocurrency from the Taiwanese trading platform Kronos Research.<\/p>\n<p>Earlier, on-chain sleuth ZachXBT <a href=\"https:\/\/forklog.com\/en\/news\/expert-suspects-2-million-theft-from-coinspot-exchange-after-hack\">suspected a theft of $2 million<\/a> from the CoinSpot exchange as a result of the breach.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The KyberSwap decentralized-exchange team said compensation messages after the breach are scams.<\/p>\n","protected":false},"author":1,"featured_media":87551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1111,1416],"class_list":["post-87550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cybersecurity","tag-kyber-network"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=87550"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87550\/revisions"}],"predecessor-version":[{"id":87552,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87550\/revisions\/87552"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/87551"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=87550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=87550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=87550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}