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Duelbits co-founder offered hacker $2 million to return $5 million after $7 million theft
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Duelbits co-founder offered hacker $2 million to return $5 million after $7 million theft
A Duelbits co-founder said the hacker who stole $7 million could keep $2 million and send back the remaining $5 million in exchange for no claims. For anyone watching high-risk payments, this is the part where crypto theft stops being a security story and becomes a settlement problem.
- The proposal was straightforward: the hacker would keep $2 million, return $5 million, and Duelbits would drop any claims.
- The original amount involved in the theft was $7 million, which is the number that matters for PSPs, acquirers, and crypto businesses assessing exposure and recovery risk.
- The source identifies the negotiator as a co-founder of Duelbits, which places the offer at the company level rather than through a third-party intermediary.
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