The hack that occurred on September 25th resulted in the theft of 5,000 ETH from the HTX (formerly known as Huobi) exchange. The stolen assets were valued at approximately $8 million at that time. You can find more details about this incident in our article below.
Following these events, Justin Sun had announced that he would reward the hacker if they returned the funds. Today, the exchange announced that the stolen funds had been returned by the hacker.
HTX advisor Justin Sun also disclosed that a “white hat bonus” of 250 ETH (approximately $400,000) was paid to the hacker. A “white hat bonus” is typically considered a type of reward given to ethical hackers in the industry.
“The hacker made the right choice. We want to express our gratitude to everyone in the industry for their assistance,”
Justin Sun
We have confirmed that the hacker has fully returned all funds, as promised, and we have also paid the hack a white hat bonus of 250 ETH. The hacker made the right choice. We would like to express our gratitude to everyone in the industry for their help!
— H.E. Justin Sun 孙宇晨 (@justinsuntron) October 7, 2023
Additionally, during the reward payment process, HTX requested that the hacker provide a vulnerability analysis report to assist in improving future security measures.
