The Cetus theft case of 220 million has led the team to offer a bounty of 5 million, sparking discussions? ZachXBT directly points out that the bounty system is unfair.

The Cetus hack incident has led Sui to offer a reward of 5 million USD to anyone who can provide substantial information about the hacker. However, on-chain detective ZachXBT has significant objections regarding the structure of the bounty. He pointed out that the victims of the hacking incident bear no risk at the beginning, while those trying to help must take on the risks of time and effort. This is imbalanced. He also agreed that the team offering such bounty conditions is essentially just deceiving the audience. It makes the public believe that they are doing something, but they have no intention of actually giving out this money.

The current bounty system is not fair to those who solve cases.

ZachXBT stated that paying 5 million dollars only upon successfully solving a case is a terrible deal. No company capable of solving cases would accept such a fee structure. The author adds that investigators need to spend a lot of time looking for clues, which is only part of the time and effort cost. However, this does not guarantee success, and only if they succeed will they receive a reward, meaning there is a high likelihood that the time and effort spent by the investigators will go to waste.

ZachXBT stated that essentially, the victims initially bear no risk, while those trying to help must take on the risks of time and effort. This is unbalanced. He pointed out that these vague "bounties" are detrimental to the industry, as they only make teams look like they are doing something, but in reality, they do not incentivize any capable individuals.

A fair compensation structure should include hourly billing plus a percentage incentive bonus for recovered funds.

He pointed out that a fair compensation structure should be based on the time invested on an hourly basis, and also incentivized by a percentage of successful outcomes. ( This is the method used by all top companies for charging. ) Additionally, there are many factors indicating that these rewards are not fair. For example, what if the attacker resides in a jurisdiction where law enforcement is difficult? What if law enforcement fails to recover all funds during an arrest?

Some people below have also expressed that this bounty looks good, but in reality, it is not feasible. Compared to experts who track and investigate vulnerabilities, the team is not taking on any risk. That 5 million dollars is just to fool the audience. In fact, they do not intend to actually give out this money. ZachXBT also agrees with this.

This article discusses the Cetus theft case of 220 million, where the team offered a reward of 5 million, sparking discussions. ZachXBT pointed out that the reward system is unfair, first appearing in the on-chain news ABMedia.