Mango Markets hacker brings bizarre proposal just hours after exploit

MangoMarkets hacker brings bizarre proposal just hours after exploit

The hacker responsible for exploiting Mango Markets to the tune of $100 million, has come forward on the protocol’s governance proposal platform with a set of extraordinary demands.Mango Markets became the latest victim of a hack on 12 October, after a hacker managed to drain funds from the protocol through an oracle price manipulation.shared by the protocol, the exploit took place at 22:00 UTC on 11 October.

In an interesting turn of events, the perpetrator has reached out to the protocol on its governance proposal platform with a set of demands.on the platform, proposing to liquidate the DAO treasury in order to repay $70 million of bad debts within the protocol. However, the vote is yet to reach a quorum. The Mango DAO Treasury currently has a little over $143 million. Should the protocol go ahead with the proposal, the hacker will walk away with roughly $70 million.

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