In December 2021, BitMart Exchange suffered a major security breach, with hackers stealing $196M in crypto, including BTC, Ethereum, and Binance Smart Chain. BitMart’s Forensic Bounty Program offers ethical hackers the chance to recover the stolen funds and help identify the attackers.
Understanding the BitMart Incident
- December 2021: Attackers converted most stolen assets into ETH & BNB and mixed them using Tornado Cash.
- December 2021: Stolen TRON funds were mixed via ChangeNOW and nrb.io.
- December 2021: Stolen VeChain funds were mixed via SimpleSwap.
- March 2024: Stolen BTC was mixed using Wasabi CoinJoin.
In-Scope Intelligence for Asset Recovery
- Attacker Identification: On-chain and off-chain ties, social links, CEX account traces
- Transaction & Fund Flow Analysis: On-chain tracing, mixing activity, laundering methods
- Infrastructure Details: IP addresses, domains, hosting services used
- Forensic Evidence: Any evidence that contributes meaningfully to identifying the hackers and tracing stolen funds
How to Participate and Earn Rewards
The BitMart forensic bounty program is an opportunity to earn rewards for providing valuable intelligence that leads to the recovery of stolen assets. Here’s how much you can earn based on your contribution:
- High-Impact Intelligence – $1,000 – $5,000
- Medium-Impact Intelligence – $500 – $2,000
- Low-Impact Intelligence – $50 – $500
Additionally, if recovered assets are successfully traced, contributors will receive 10%-30% of the total recovered funds based on the quality of their information.
Join the Hunt for Stolen Crypto Assets Today
Ready to get started? Join the BitMart Security Incident Forensic Bounty Program on HackenProof and help us trace the stolen assets. The program is a key opportunity for cybersecurity enthusiasts and ethical hackers to contribute to Web3 security.
