Cysic Proposes 10% White Hat Bounty Scheme, Demands Return of 275.872 ETH Within 72 Hours

Cysic has proposed a settlement to the attacker who unauthorizedly minted 10 million CYS, demanding the return of 275.872 ETH to a designated address within 72 hours of the on-chain announcement, which accounts for approximately 90% of the confirmed ETH earnings. In exchange, the attacker may retain the remaining approximately 30.652 ETH as a bounty for the vulnerability. Cysic stated that it has reconstructed the key aspects of the attack and preserved relevant technical and on-chain evidence; if the funds are not returned within the deadline, the project team will escalate the matter and seek intervention from law enforcement to initiate a comprehensive criminal investigation.

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