Kyber Hacker is Demanding Complete Control Over the DEX

The attacker behind the recent $48 million KyberSwap hack has issued a startling new on-chain message: they want complete executive control over the company.

Early morning Nov. 30, and after claiming his initial negotiations with the project’s leadership was met with hostility, the hacker is now demanding not only complete control of the decentralized exchange, but also temporary and full ownership over KyberDAO, along with all documents pertaining to the company’s structure, profits, revenue, assets, liabilities, and salaries.

They also demanded the forfeiture of all KyberSwap assets, both on-chain and off-chain assets.

“Once my demands are met,” the attacker wrote, they will buy out the executives at a so-called fair valuation–and has claimed the situation is simply a matter of bad luck. Employees’ salaries will be doubled, and if they decide to leave the company, will be offered a 12 month severance package.

LP’s will be given a rebate on their recent market-making activities to the tune of 50% of their losses.

According to today’s message, the Kyber project will undergo “a complete makeover,” which will make tokens “no longer worthless.” This is the best and only offer, wrote the anonymous attacker, and has issued a December 10th deadline, or the treaty will fall through.

Should the malicious actor be contacted by one of the agents regarding any of his trades, the treaty will also be void.

His demand was met with “Hostile protocol takeover, thats a new one,” by the lending protocol’s founder, Stani Kulechov.