NEAR Intents Identifies Hacker, Issues 48-Hour Ultimatum for Fund Return
Written with artificial intelligence.
NEAR Intents has identified the individual responsible for a security breach that resulted in a loss of approximately $3.8 million in user funds. The organization has issued a 48-hour ultimatum for the return of the stolen funds under a 'responsible disclosure' framework.
NEAR Intents Issues Ultimatum
On October 2, NEAR Intents confirmed that it has identified the person behind a security vulnerability that led to the theft of around $3.8 million in user funds last Thursday. Alex Shevchenko, the General Manager of NEAR Intents, stated, "We have confirmed your identity," while also providing three different wallet addresses for the hacker to return the funds, which can be sent in Bitcoin, BNB, or Solana.
The organization emphasized that this is a final opportunity for the hacker to utilize the responsible disclosure mechanism, warning that the 48-hour window for returning the funds is closing. Shevchenko noted, "You understand better than most how responsible disclosure works — this is your last chance."
This incident is part of ongoing efforts to track the progress of the hacking case involving the theft of approximately $387 million in assets from Bitget, focusing on the timeline of the event, the attack vector, and subsequent investigations.