In the wild wild west of crypto, hackers are becoming 'Kings' who stole, blackmail, and demand being paid whatever they wish!
Imagine, that a hacker have stolen funds from Shezmu, a crypto hybrid lending platform, and demanded 20%, which the platform agreed, to send back the funds, with the platform granting him immunity in the case. They managed to negotiate and the hacker already sent back $5M.
The hacker could maintain the stolen amount but decided to use his expertise to keep the 20% in all the funds he "stole" and grant that nothing will happen to him regarding the case. Are we paying close attention in this?
This guy orchestrated and attack to Shezmu, managed to steal the funds and now he's using all that to cut a deal with them in order to keel him safe. Only this small example, illustrate what is the state of crime in the crypto industry where, hackers can steal and come back to ask to forgiveness and a bounty for their hacked you! How crazy is that?
Crimes in the space a lot and hackers are the most dangerous people in the ecosystem as they can disrupt a whole platform and claim stolen funds. The audacity of this hacker is bold also tells a lot about the state of crime in crypto. Remember:
CONTENT IS KING!