Unknown hackers have stolen over $100 million in Ethereum, Bitcoin, and Tron from the cryptocurrency exchange Poloniex. In response, the company’s management is offering the perpetrators a 5% reward if they return the stolen funds.

Details of the Poloniex Hack

The attack occurred at the end of last week. Poloniex representatives confirmed the breach on social media, stating that they are already investigating the incident and plan to fully compensate all users affected by the theft.

Following the hack, the exchange disabled its wallet, citing “technical maintenance.” Researchers believe that if this action was taken promptly, it may have prevented the theft of even more assets.

Estimated Losses

The exact amount stolen is still unclear and varies according to different sources. For example, experts at PeckShield reported that Poloniex lost about $125 million, including $56 million in ETH, $48 million in TRX, and $18 million in BTC. Meanwhile, analysts at Slow Mist estimated the total damage to exceed $130 million, as less valuable coins worth millions of dollars were also stolen during the incident.

Poloniex’s Offer to the Hackers

Poloniex has issued an official message to the unknown hackers, offering them a 5% bounty in exchange for returning all the stolen assets.

“We ask you to respond to this offer within the next 7 days before we involve law enforcement,” the company wrote on social media. “Additionally, we are exploring opportunities to work with other partners to facilitate the return of funds.”

Response from Tron Founder Justin Sun

Tron founder Justin Sun, who currently owns Poloniex, wrote on X (formerly Twitter) that the platform remains “in a strong financial position and will fully reimburse all affected users.”

Sun also reported that Poloniex specialists have successfully “identified and frozen some assets linked to the hackers’ addresses.” According to him, the losses are within acceptable limits, and Poloniex’s operating income can cover the damages.