The KyberSwap hacker insists on having full control of the Kyber company.
**Hacker Behind KyberSwap Exploit Demands Full Control Over Company**
*On Nov. 30, the hacker responsible for the $46 million KyberSwap exploit issued a set of conditions for the return of the stolen funds. The demands are drastic, to say the least.*
**Hacker’s Demands**
The on-chain message from the hacker outlined the conditions for the return of the stolen funds. The hacker demanded “complete executive control” over the Kyber company, temporary full authority and ownership of its governance mechanism, the KyberDAO, all documents related to the company, and all of the Kyber company assets.
**Unbelievable Promises**
In exchange for meeting these demands, the hacker promised to buy out the company’s executives at a fair valuation and wished them well in their future endeavors. Additionally, the hacker pledged to double the employees’ salaries under the new regime. They even offered a 12-month severance package with full benefits for those who chose to leave and assistance in finding new careers.
The hacker also asserted that token holders and investors would benefit from the transition, as their tokens would no longer be worthless. They even went as far as to promise a complete makeover for Kyber, transforming it from the 7th most popular DEX to an entirely new cryptographic project.
**Offer for Liquidity Providers**
The hacker also proposed rebates for liquidity providers, offering to gift them 50% of their recent market-making activity losses. Despite acknowledging that this might be less than what they desired, the hacker stated it was more than what they deserved.
**Deadline and Threats**
The hacker made it clear that these demands were non-negotiable and set a deadline of Dec. 10 for the Kyber team to comply. They threatened that if the demands were not met, the “treaty falls through.” Furthermore, the hacker warned that any contact from agents concerning the trades they placed on Kyber would void the treaty.
**Final Ultimatum**
The hacker concluded by stating that this was their best and only offer, leaving the Kyber team with a difficult decision to make as the deadline looms.
In light of these drastic demands, it remains to be seen how the Kyber team will respond to the hacker’s ultimatum. But one thing is for certain, the magnitude of these demands has thrown the DeFi community into a state of frenzy.
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