Crypto firm puts out 10 per cent bounty for stolen funds after £157m vanishes

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City AM

By Hamza Fareed Malik Crypto firm Nomad announce today a 10 per cent bounty for the $190m (£157m) stolen funds it lost in a hack this week. The company said it would give the bounty to hackers who return at least 90 per cent of the funds and will consider them to be “white hats”, meaning Nomad would not take legal action against them. “Nomad will is continuing to work with the community, law enforcement, and blockchain analysis firms to ensure all funds are returned,” it said. The firm provided an address for an official recovery wallet and warned against impersonators and scams. Nomad’s “brid…

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