Mango Markets attacker puts forward proposal that would pay them $70 million bounty

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Mango Markets attacker puts forward proposal that would pay them $70 million bounty
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An exploiter who stole roughly $116 million from Mango Markets on Oct. 11 put forward a governance proposal that, if it passes, would grant them approximately $70 million as a bounty reward.

An attacker who stole roughly $116 million from Mango Markets put forward a proposal that would give them a $70 million bounty reward.

The proposal is contingent on Mango Markets using its remaining treasury to pay back users and its bad debt. The attacker would send back roughly $50 million from the exploit to cover the remaining bad debt and costs.

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