Mango Market’s DAO discussion board set to approve $47M settlement with hacker By Cointelegraph

Following a $117 million exploit on Oct. 11, the Mango Markets neighborhood is ready to make a take care of its hacker, permitting the hacker to maintain $47 million as a bug bounty, based on the decentralized finance (DeFI) protocol governance discussion board.

The proposed phrases reveal that $67 million of the stolen tokens can be returned, whereas $47 million can be stored by the hacker. 98% of the voters, or 291 million tokens, have voted in favor of the deal, which additionally stipulates that Mango Markets is not going to pursue prison expenses on the case.