The decentralized finance protocol team UwU Lend has offered a $5 million reward for help in catching the attacker who has already hacked the project twice.

Previously, the developers of UwU Lend tried to contact a hacker who, during the first attack, stole at least $20 million worth of crypto assets. The attacker was offered to keep 20% of the stolen amount as a reward, provided that he returned 80% of the stolen assets. UwU Lend promised that if the hacker agrees to this condition, the project team will not continue the investigation and will not involve law enforcement agencies in the incident.

The hacker had time to return the stolen cryptocurrencies until June 12, 20:00 Moscow time. However, instead of returning the funds, the hacker made another attempt to steal. Analytics company Cyvers discovered that on June 13, the hacker carried out a second exploit worth $3.72 million, stealing funds from the UwU uDAI, uWETH, uLUSD, uFRAX, uCRVUSD and uUSDT pools. Both hacks were carried out using the same address “0x841…21f47”.

“The funds you stole have expired. A $5 million reward will be paid to the first person to identify and discover you,” the UwU team wrote to the hacker in a message added to the transaction.

Let us recall that the developers of another protocol, Seneca, managed to negotiate with the hacker and return 80% of the stolen ethers. Last year, another attacker agreed to return stolen NFTs from the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) collections for a reward of 120 ETH.