A major theft incident caused a stir in the crypto world yesterday. A certain Whale fell victim to a Phishing attack and lost 50 million USDT (equivalent to 50 million USD). However, the story did not end there.

The victim did not choose to remain silent, but instead directly called out to the attacker on the chain, announcing that they had officially reported the case and collaborated with multiple law enforcement agencies and security companies to initiate monitoring. This move was quite bold.

What's even more interesting are the negotiation terms. The Whale has given a clear choice: return 98% of the assets within 48 hours and receive a bounty of $1 million, and the issue is resolved. What if they refuse? That means global judicial pursuit, a one-way street to darkness. Every on-chain action of the attacker is now being closely monitored.

Such events are not uncommon in the crypto world, but the public on-chain confrontation and law enforcement intervention of this nature are quite rare. The issues of fund security and on-chain risk prevention are once again brought to the forefront.