Akropolis.io, a cryptocurrency loan and investment platform, offered hackers that stole the equivalent of $2 million from the service, $200,000 to return the money. The decision, say experts, sets a bad precedent that might destabilize an important security tool.
Over the weekend, Akropolis posted an open letter to the hacker on its official Medium, offering $200,000 as a "bug bounty" for the thieves to return user funds "as compensation for [finding an] exploit."
"We have not contacted any form of law enforcement to pursue a criminal investigation," the company wrote (emphasis theirs).
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