IoTeX offers cross-bridge hackers 10% bounty if they return $4.4 million within 48 hours

Market Intelligence Analysis

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Why This Matters

IoTeX is offering a 10% bounty to hackers who return $4.4 million stolen in a cross-bridge hack, with the CEO waiving charges if the assets are returned within 48 hours.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Raullen Chai, IoTeX co-founder and CEO, told CoinDesk he would not press charges if the stolen assets or its equivalent is returned within 48 hours.

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Original article published by CoinDesk on February 24, 2026.
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