After being the victim of an attack, the platform CREAM Finance announced that she has taken drastic measures. She also added that she is collaborating with the authorities in an effort to unmask the hacker. Finally, she announced that she has put in place a plan to return to her clients the funds they lost.
Victim of a second attack
During the week, CREAM Finance a lost nearly $25 million in a pirate attack. This is the second attack in the last half of the year. The blockchain security company PeckShield Inc. was the first revealed the bad news on Twitter. This information was then confirmed shortly after by CREAM.
In its publication, CREAM Finance provided more information on what happened. According to his information, on August 31, around noon, people with bad intentions used the platform to obtain 462,079,976 AMP tokens and 2,804.96 ETH tokens. They unfortunately succeeded in their operation.
What provision CREAM Finance did she take it ? The company claimed that it would replace lost ETH and AMP tokens to avoid any liquidity problems for its customers. It also stated that it is committed to allocating 20 % of all protocol fees to reimburse customers.
CREAM Finance distribute prizes
CREAM Finance indicated that she is actively following in the footsteps of the people who stole the funds on the platform. In her explanations, she said that the hacker’s address has a withdrawal history with Binance. She hopes to find the owner of this address, thanks to her collaboration with Binance.
In the report it issued, CREAM Finance added that it will transmit all relevant information to law enforcement authorities. Finally, legal proceedings will be brought against those responsible for the attack.
To motivate all the people who could help it, the company has revealed that it will offer a bonus to all those who can provide information that will get their hands on the hacker. If the latter is arrested and sued, the firm will give 50% of reward funds.
On the other hand, to the attention of the hacker, CREAM said that if he returned the funds, he would receive a bug premium of 10 %. Indeed, with PeckShield, CREAM detected that the attack was possible thanks to an error introduced in the AMP crypto protocol.
Once again, CREAM Finance is the victim of an attack orchestrated by a hacker who has thought of everything. Whether he worked as a team or alone, he managed to pocket 462,079,976 tokens MPas and 2,804. 96 tokens ETH. To unmask and find him, the company collaborates with the authorities and the stock exchange Binance. In addition, she announced that she would offer rewards to people who could help in the manifestation of truth.
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