KyberSwap hacker demands full control

A black hat hacker proposed a takeover of KyberSwap’s protocol with terms including a doubling of employee salaries and executive buyouts.

Inmerion In an unprecedented twist, the hacker who stole $47 million in cryptocurrencies from defi exchange KyberSwap issued demands for total control of the protocol and all its assets. The unidentified individual or group attached its terms to a transaction seen on Etherscan, a widely used blockchain explorer.

KyberSwap’s exploiter shared four primary demands including complete control of Kyber as a company, temporary ownership of KyberDAO and its governance mechanism and access to company records. Also, the hijacker said Kyber must surrender all on-chain and off-chain assets.