Allbridge, a multichain token bridge, has offered a hacker a chance to come forward as a white hat and avoid legal consequences after the attacker stole $573,000 from its platform in a flash loan attack. Blockchain security firm Peckshield was the first to identify the attack on April 1, warning Allbridge in a tweet that an individual was manipulating its BNB Chain pools swap price, draining the pool of $282,889 in Binance USD and $290,868 worth of Tether. Allbridge has offered an undisclosed bounty to the attacker and urged them to contact them via official channels or through a tx message to discuss a potential reward for returning the funds. Allbridge is tracking the hacker through social networks with the help of its partners and community.
The bridge protocol has been temporarily suspended, and Allbridge is working with law firms, law enforcement, and other projects affected by the attack. Once the vulnerability has been patched, the bridge protocol will be restarted, and a web interface for liquidity providers will be deployed to enable the withdrawal of assets.