**Poloniex Confirms Hacker's ID and Engages International Authorities in $120M Hack Investigation ๐๐ผ**
*In a recent development, Poloniex claims to have successfully identified the individual responsible for the $120 million hack and has taken steps to involve law enforcement agencies from the U.S., China, and Russia. Justin Sun, Poloniex's majority shareholder, revealed this information through a blockchain message on the Ethereum network.*
*Key Highlights:*
1. *Identification Confirmed:* Poloniex disclosed that they have confirmed the identity of the hacker involved in the $120 million exploit.
2. *Global Police Involvement:* The platform has engaged with authorities from the U.S., China, and Russia, involving the police forces of these countries in the investigation.
3. *Assets Marked for Tracking:* Poloniex informed the hacker that they have identified and marked all the stolen assets, ensuring they cannot be used. The team will continue to track and freeze any counterparty accounts that receive the stolen funds.
4. *Return Deadline:* The company set a deadline for the hacker to return the funds by November 25, 2023. If the assets are returned by this date, Poloniex will offer a $10 million white hat reward.
5. *Failure to Return:* In case the hacker fails to return the funds by the specified deadline, Poloniex emphasized that police forces from multiple countries will take action.
*Background on the Poloniex Hack:*
The hack occurred on November 10, compromising Poloniex's hot wallet and resulting in the loss of $120 million across various cryptocurrencies, including Ethereum, Tron (TRX), Bitcoin (BTC), XRP, and Shiba Inu (SHIB). Poloniex assured its customers that it would cover the losses and recently announced plans to resume deposits and withdrawals in the coming week.
*Note: The information presented here is based on the latest developments and statements from Poloniex and Justin Sun. The situation is subject to change as the investigation unfolds. #PoloniexHack #CryptoSecurity #InvestigationUpdate #JojoDaily