I just saw this announcement from the Infini team, and my feelings are quite complicated.
This kind of operation is actually quite rare in the crypto space.
From a security perspective, this can actually reduce the cost and time of on-chain tracking, avoiding the complete laundering of funds and ultimately resulting in total loss. After all, if it drags on, both the project team and the attackers will have to pay the price.
Of course, this approach will also be controversial; some people feel it is a sign of weakness, potentially leading more people to follow suit in the future; others believe it is pragmatic, as recovering losses is the top priority.
In my opinion, this is at least a public, transparent, and conditional offer of reconciliation; the rest depends on whether the attacker will cherish this opportunity.
If the attacker really returns the funds on time, this could instead become a classic case of a white hat return, and perhaps leave a positive example for the industry. If they do not return it, then it will depend on how the Infini team handles it. #Infini security incident #whitehat hacker
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
I just saw this announcement from the Infini team, and my feelings are quite complicated.
This kind of operation is actually quite rare in the crypto space.
From a security perspective, this can actually reduce the cost and time of on-chain tracking, avoiding the complete laundering of funds and ultimately resulting in total loss. After all, if it drags on, both the project team and the attackers will have to pay the price.
Of course, this approach will also be controversial; some people feel it is a sign of weakness, potentially leading more people to follow suit in the future; others believe it is pragmatic, as recovering losses is the top priority.
In my opinion, this is at least a public, transparent, and conditional offer of reconciliation; the rest depends on whether the attacker will cherish this opportunity.
If the attacker really returns the funds on time, this could instead become a classic case of a white hat return, and perhaps leave a positive example for the industry. If they do not return it, then it will depend on how the Infini team handles it.
#Infini security incident #whitehat hacker