Jimbos Protocol offers ultimatum to hacker for return of 90% funds

Jimbos Protocol’s, a decentralised finance (DeFi) application, team has offered to make a deal with the application’s hacker. Context of the deal suggests that the team has asked for reimbursement of 90% worth funds, which will result in prosecution if not complied with, as stated by Cointelegraph.

According to Cointelegraph, the proposed agreement was disclosed in a May 28, 2023, tweet through the Ethereum network. Upon not receiving a reply, Jimbos team gave a time limit of “tomorrow by 4PM UTC” for giving back 90% of the funds. The team also informed their intentions to “start working with law enforcement agencies” if the funds weren’t returned.