Bullish
ZachXBT Refuses Harmony Incident Tracking Citing Lack Of Rewards
17:57
Prominent investigator ZachXBT declines to assist in tracking Harmony bridge funds, citing unpaid efforts in the 2022 hack. Harmony continues seeking exchange cooperation to freeze assets linked to four addresses.
Woofun AI reports that ZachXBT has declined to assist in tracking funds related to the recent Harmony security incident. He argued that investigators should not provide services without compensation, referencing the 2022 breach where North Korean hackers stole approximately $100 million from Harmony's cross-chain bridge. Despite individuals helping to freeze and seize funds in that prior event, Harmony offered no rewards, only verbal acknowledgment. Harmony is currently requesting exchanges to block and freeze assets associated with four wallet addresses while developing patches and rollback solutions.
WOOFUN AI
Impact Assessment · Quick Read
The refusal by a key on-chain investigator may complicate recovery efforts for the Harmony incident, potentially leaving stolen funds more accessible to attackers. This highlights growing friction between security researchers and protocols regarding compensation models for incident response. If exchanges fail to freeze the identified addresses quickly, the risk of permanent loss increases significantly for affected users.
Generated by WOOFUN AI · For reference only, not investment advice
Comments
No comments yet.