<p><span data-contrast="none">An exploiter who stole </span><a href="https://twitter.com/0xfoobar/status/1579988637835726848?s=20&amp;t=mwhFJewTp8nPTW5B0cxBVg"><span data-contrast="none">roughly $116 million</span></a><span data-contrast="none"> from Mango Markets on Oct. 11 put forward a governance proposal that, if it passes, would give them roughly $70 million in the form of a bounty reward. </span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p> <p><span data-contrast="none">Voting for the governance proposal is currently live and ends on Oct. 14 at 9:12 p.m. EST. The attacker has also used their stolen MANGO tokens — which amount to 0.66% of the total supply — </span><a href="https://explorer.solana.com/address/yUJw9a2PyoqKkH47i4yEGf4WXomSHMiK7Lp29Xs2NqM"><span data-contrast="none">to vote yes on the proposal.</span></a><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p> <p><span data-contrast="none">The proposal states that the attacker would send back various tokens valued at approximately $50 million, at the time of this writing. The sending of those funds is contingent on Mango Markets using its remaining $70 million USDC treasury to pay back all users without bad debt, and any remaining bad debt. If passed, the attacker would be able to keep the remaining funds after covering the difference. </span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p> <p><span data-contrast="none">The remaining funds from the initial exploit that would be kept by the attacker total approximately $70 million. </span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p> <p><span data-contrast="none">No criminal investigation pursuits or freezing of funds would be allowed against the attacker, if the proposal passes and all obligations are met. </span><span data-ccp-props="{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}"> </span></p><br /><span class="copyright"><p>© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p> </span>