In a bold move, the anonymous hacker behind the recent $46 million theft from DeFi platform Kyber Network has laid out an audacious ultimatum. The self-proclaimed 'Kyber Director' is demanding complete executive control over the company and its governance mechanism, KyberDAO, in exchange for making all stakeholders whole.
The hacker's demands extend beyond a simple ransom, as they seek ownership of Kyber's documents, details about its origins, structure, investors, and balance sheet. This unique offer includes the full forfeiture of on-chain and off-chain assets, encompassing shares, equity, tokens, partnerships, websites, servers, and intellectual property.
Surprisingly, the hacker's compensation plan involves buying out Kyber's executives at a fair valuation, accompanied by a gracious farewell. Employees are presented with an enticing offer, including doubled salaries and 12-month severance pay for those opting to leave. Meanwhile, Kyber's governance token holders are assured that their investments will "no longer be worthless."
In a bid to keep Kyber alive, the hacker gives the executives until December 10 to accept the offer, envisioning the platform's transformation into "an entirely new cryptographic project" under their leadership. Despite the hacker's attempts to position this as a mutually beneficial arrangement, the question remains: will Kyber succumb to this unprecedented demand, or will it find a way to thwart the 'Kyber Director's' plans and reclaim control of its destiny? 🤔💻