Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    SEC issues subpoena to PayPal over its PYUSD stablecoin

    November 2, 2023

    Will Bitcoin hit $100,000 or crash again in 2023?

    August 3, 2023

    5 important facts about the Bitcoin halving

    April 19, 2024
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      GENIUS Act Passes House with 308 Votes, Could Redefine Stablecoins and Supercharge U.S. Crypto

      July 18, 2025

      Bitcoin May Freeze Satoshi’s Wallet Over Quantum Threat

      July 16, 2025

      Bitcoin under pressure as Satoshi-era whale sells: Will BTC drop to $108K?

      July 15, 2025

      BlackRock’s Bitcoin ETF Blows Past $80,000,000,000, Faster Than Any Other Exchange-Traded Fund in History: Bloomberg Analyst

      July 14, 2025

      Will Pi crash or rally in 2025?

      July 11, 2025
    • Technology

      Windtree Becomes First NASDAQ Firm to Add BNB to Its Balance Sheet

      July 18, 2025

      What is AI16Z – AMBCrypto

      July 17, 2025

      Bonk gains 15% to lead memecoins as altcoins eye rally

      July 16, 2025

      Comment on Trump Firing Powell Would Set ‘Very Bad Precedent,’ Warns Pompliano by Powell's Replacement? Fed Chair Succession Process Underway

      July 15, 2025

      Hungary Bans Unlicensed Crypto Platforms: Revolut and Bitstamp Suspend Services

      July 14, 2025
    • Learn/Guide

      $10.7 trillion Charles Schwab to launch spot Bitcoin, Ether trading, eyes stablecoin market entry

      July 18, 2025

      Russia’s largest bank Sberbank to roll out Bitcoin, crypto custody services to catch up with global banks

      July 17, 2025

      Trump Media files trademarks for Truth Social AI and AI Search

      July 16, 2025

      DOJ and CFTC drop investigations into Polymarket

      July 15, 2025

      FUNToken Isn’t Just Trending – It’s Consolidating Power in Telegram, One User at a Time

      July 14, 2025
    • NFTs

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025

      Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture

      April 16, 2025

      Daizen: Elevating the NFT Multiverse on Apechain Blockchain | NFT CULTURE | NFT News | Web3 Culture

      December 5, 2024
    • Regulation

      SEC Drops Binance Lawsuit: How Regulatory Clarity Could Spark a BNB Price Rally

      May 30, 2025

      Kentucky Governor Signs Off On ‘Bitcoin Rights’ Bill, Strengthening Crypto Protections

      March 31, 2025

      Utah Moves Closer To Bitcoin Reserve As Bill Advances To Senate Standing Committee

      February 23, 2025

      Bitcoin ETFs In Focus As Kansas Senator Proposes Up To 10% Pension Fund Allocation

      January 26, 2025

      MicroStrategy May Face Tax Issues Over $19 Billion Unrealized Bitcoin Gains: Report

      January 25, 2025
    • Business

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024

      Brazil Prepares to Let Tradfi Institutions Embrace Crypto

      November 13, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » $50M bounty goes live on Web3Bounty.io to trace misappropriated funds linked to FDT and Aria
    Learn/Guide

    $50M bounty goes live on Web3Bounty.io to trace misappropriated funds linked to FDT and Aria

    May 6, 20253 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    $50M bounty goes live on Web3Bounty.io to trace misappropriated funds linked to FDT and Aria
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Share this article







    Hong Kong, May 6, 2025  –  A new bounty program has been launched on the online platform Web3Bounty.io, which aims at finding leads and information about the approximately $456 million of the TrueUSD (TUSD) stablecoin reserves being misappropriated. There is a $50 million bounty pool available for those who provide credible original information leading to the identification and recovery of the assets. This effort is focused on securing justice and protecting the victims of this unprecedented breach, including thousands of public TUSD token holders. 

    The case involves Hong Kong licensed trust companies and a network of intermediaries believed to have exploited regulatory loopholes to facilitate the misappropriation of over half a billion USD in client assets held under escrow by licensed trust companies. In response, a bounty program has been launched on Web3Bounty.io to bring transparency and accountability to this unprecedented breach, with support from stakeholders across the Web3 ecosystem.

    Through Web3Bounty.io, whistleblowers, insiders, and investigators can submit actionable information. Original verified leads that contribute meaningfully and directly to the recovery effort may be eligible for bounties from the $50 million reward pool — equivalent to around 10% of the lost assets. The platform will provide real-time major updates on recovery progress, with all submissions being subject to independent verification before rewards are issued in the bounty program operator’s sole discretion. Justin Sun, Founder of TRON, also came onto X to congratulate the launch of Web3Bounty.io, mentioning the importance of tracking Web3 scams and improving transparency. 

    The case has drawn widespread attention in the blockchain industry due to the scale of the losses and the number of affected parties. Web3Bounty.io seeks to empower the broader community to assist in uncovering misconduct and reinforce the integrity of digital asset custodianship.

    For more information or to submit a lead, please visit www.web3bounty.io.

    Disclaimer:

    Participation in the bounty program is entirely voluntary and at the participant’s own risk. All participants must comply with applicable laws, as well as specific terms and conditions and policies of the bounty program. Nothing in this press release or on the online platform constitutes legal advice, nor should it be interpreted as creating any partnership, joint venture or employment relationship between the bounty program operator or participants.

    About Web3bounty.io
    Web3Bounty.io is an online platform where crypto-related bounty programs are launched, designed to incentivize truth-telling and accelerate recovery of stolen funds through decentralized justice.
    Follow us on X @web3bountyio

    Media Contact:
    Sam Zhang
    [email protected]

    Share this article









    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    $10.7 trillion Charles Schwab to launch spot Bitcoin, Ether trading, eyes stablecoin market entry

    July 18, 2025

    Russia’s largest bank Sberbank to roll out Bitcoin, crypto custody services to catch up with global banks

    July 17, 2025

    Trump Media files trademarks for Truth Social AI and AI Search

    July 16, 2025

    DOJ and CFTC drop investigations into Polymarket

    July 15, 2025
    Top Posts

    A Beginner Guide For Virtual Real Estate: How To Buy Real Estate In The Metaverse

    September 26, 2023

    Bitcoin: How this metric can save investors

    May 22, 2023

    Bitcoin’s surge above $69,000 triggers market-wide rally

    October 21, 2024

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    GENIUS Act Passes House with 308 Votes, Could Redefine Stablecoins and Supercharge U.S. Crypto

    July 18, 2025

    Bitcoin May Freeze Satoshi’s Wallet Over Quantum Threat

    July 16, 2025

    Bitcoin under pressure as Satoshi-era whale sells: Will BTC drop to $108K?

    July 15, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

    Type above and press Enter to search. Press Esc to cancel.