The KyberSwap hacker claims full control over the Kyber company
Update Nov 30 1:10PM UTC: This article has been updated to add details about the hackers' intentions.
The hacker behind the $46 million KyberSwap exploit has finally released his conditions for returning the stolen funds, which include “full executive control” over the cyber company.
In the year On November 30, the KyberSwap hacker sent an on-chain message to all relevant and interested parties. The hacker made demands including control of the company, temporary full authority and ownership of its management system, KyberDAO, all documents related to the company and all assets of the KyberDAO.
Instead, the hacker promised to buy the company's executives at fair value and wished them “the best of luck in their future endeavors.” The hacker also promised to double workers' wages under the new regime. Some wrote that they would be offered a 12-month stay with full benefits and help finding new jobs, even if they didn't want to stay.
In addition, tokenholders and investors will benefit from the transition by making their tokens “no longer worthless,” the hacker said. They wrote:
“Isn't this sweet enough? I'll go even further. Under my management, Kyber will undergo a complete transformation. It will no longer be the 7th most popular DEX, but instead, it will be a completely new crypto project.”
As for liquidity providers, the hacker promises them a discount for their recent market activity. Discounts will be 50% of the losses they incur. “I know this is probably less than you want. Still, it's more than you deserve,” the hacker wrote.
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The hacker states that this is their best and only offer. According to the exploiter, the Cyber team has until December 10 to fulfill its demands. If not, “the agreement will be dissolved.” The hacker also threatened that the deal would be rejected if any agents contacted them about their trade on Khyber.
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