Harmony Protocol offered hackers 1 million to return stolen 100 million

The Harmony Protocol team has offered a $ 1 million reward for the recovery of $ 100 million in cryptocurrency stolen in the hack of its Horizon bridge.

The Harmony team is also offering the same reward of $ 1 million for information on how the exploit occurred. They also indicated that «no criminal charges» will be filed after the funds are returned.

Nevertheless, the $ 1 million reward for the return of $ 100 million in stolen funds was perceived by the crypto community as a drop in the bucket. People believe that the offer should be much more serious.

Really? Only 1M out of 100M? I feel like you gotta offer at least 8M to be taken seriously…

— Paradox (@0xButthole) June 26, 2022

In another Twitter thread, Harmony Protocol founder and CEO Steven Tse explained that the team has not yet found any evidence that the $ 100 million exploit was caused by interference with a smart contract:

«No evidence of any vulnerability has been found on the Horizon platform. Our consensus level of the Harmony blockchain remains secure. The team has found evidence that private keys have been compromised, leading to the hacking of our Horizon bridge.»

Earlier, the company managed to recover most of the stolen funds without the involvement of hackers at all.