Mango Markets community voted on deal with hackers to return $67M

The DeFi platform Mango Markets was hacked on October 12th - the attackers withdrew assets for $114 million. The project team agreed with the hackers to return $67 million from the stolen funds.

Looks like we're seeing the biggest "vulnerability discovery reward" yet. During the negotiations, the Mango Markets developers agreed with the hackers to return $67 million, respectively, the attackers will keep $47 million for themselves. The Mango Markets team launched a vote on this issue, and more than 96% community members approved the proposal. 

At the same time, the Margo Markets team set the condition that the hacker must return part of the stolen tokens worth about $8 million as a “goodwill gesture”. And indeed, shortly after the start of voting, the specified funds were received on the wallets of the project. As part of the deal, after the rest of the funds are returned, the project will not prosecute the hacker. 

Mango Markets plans to use its own funds from the vault to pay out to users. Recall that the attackers stole assets by manipulating the price.