TREE NEWS update: Cysic has offered a settlement to the attacker who unauthorizedly minted 10 million CYS tokens, demanding the return of 275.872 ETH — about 90% of confirmed ETH proceeds — to a designated Cysic Foundation address within 72 hours of an on-chain notice. The attacker may keep the remaining roughly 30.652 ETH as a bug bounty. Cysic said it has reconstructed the key attack steps and retained technical and on-chain evidence, and will escalate to law enforcement for a full criminal investigation if the funds are not returned by the deadline.
Cysic Offers 10% White-Hat Bounty to Attacker, Demands 275.872 ETH Return in 72 Hours
The white-hat framing here is really a negotiation tactic: by offering the attacker a 10% cut and a 72-hour window, Cysic is trying to recover most of the ETH without litigation, while preserving the option to escalate to law enforcement. The disclosure that it has reconstructed the attack and retained on-chain evidence signals confidence in attribution, which raises the cost of non-compliance for whoever holds the funds. What matters for the broader token ecosystem is whether this bounty-style settlement becomes the template for post-exploit recoveries, and whether the 90% return actually materializes before the deadline. Until then, the 10 million minted CYS tokens remain the unresolved supply question.
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