**News Flash: Tapioca Foundation Offers $1M Bounty to Attacker**

The Tapioca Foundation has proposed a $1 million bounty to an attacker who recently stole $4.7 million from its decentralized finance protocol. The foundation revealed the theft, which they described as a "social engineering attack," on October 18. The attacker compromised the vesting contract for Tapioca DAO Token (TAP) and the UDSO stablecoin, draining liquidity pools and causing TAP to plummet to 2 cents from $1.40.

In a bid to recover the stolen funds, Tapioca is offering $1 million in Tether (USDT) if the attacker returns the remaining $3.7 million. Interestingly, the foundation has already managed to reclaim 1,000 ETH, worth over $2.7 million, by "hacking the hacker."

The attack has significantly impacted the value of TAP, but the foundation remains hopeful that their bounty offer will lead to the recovery of the remaining funds.