The person responsible for the $46 million KyberSwap breach has outlined their terms for returning the stolen funds, putting forth demands that involve gaining “complete executive control” over Kyber. In an on-chain message dated Nov. 30, the hacker specified requests including control over the company, temporary ownership of the governance mechanism KyberDAO, all company-related documents, and assets.
They proposed buying out the company’s executives, doubling employee salaries, and ensuring a 12-month severance for those choosing to leave. Additionally, they pledged improvements to the token value and a complete overhaul of Kyber’s status as a decentralized exchange (DEX). The hacker also pledged rebates for liquidity providers, amounting to 50% of their losses, albeit with a sharp tone suggesting they believe it exceeds what’s deserved. These terms have a deadline of Dec. 10, after which the hacker warned the agreement would collapse, with threats if Kyber contacts anyone regarding the trades placed on the platform.