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Profit agreement: Shezmu recovers stolen funds after paying a 20% bounty

2024-09-21 10:16

According to BlockBeats, on September 21st, the earnings agreement Shezmu recovered nearly $5 million in stolen funds within hours of successfully negotiating with hackers. This morning, blockchain analysis company Fuzzland's Chaofan Shou warned that one of Shezmu's repositories had been hacked. Although it is uncertain whether the incident was intentional or a genuine hacking attack, Shou confirmed that approximately $4.9 million worth of cryptocurrency was stolen during the process. Shezmu subsequently confirmed that one of its ShezmuUSD (ShezUSD) stablecoins had been attacked and actively urged the hacker to return the funds in exchange for a bounty, without any legal consequences. The hacker's response to this request was to demand a 20% bounty instead of the initial 10%, and Shezmu agreed to pay the bounty. Within a few hours, Shezmu began to gradually recover the stolen funds, but at the time of writing this article, not all funds had been recovered. The Shezmu team urged investors to limit their interaction with the Oasis vault of the agreement until further updates were available.

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