The hacker responsible for the $48 million KyberSwap heist has escalated their demands, now seeking complete executive control over the decentralized exchange (DEX). In an on-chain message sent on Nov. 30, the hacker outlined their updated demands, which include total control of KyberSwap and temporary and full ownership of KyberDAO, the platform’s governance mechanism. They also requested all documents related to the company’s structure, profits, revenue, assets, liabilities, and employee salaries. The hacker promised to buy out the company’s executives at a “fair valuation” and pledged to double the salaries of employees who choose to remain post-takeover. Those who decide to leave would be offered a 12-month severance package. The hacker set a deadline for the KyberSwap team to meet these demands by Dec. 10, or the offer becomes void. The DEX’s leadership team has not yet responded publicly to the hacker’s latest message. KyberSwap initially offered a bounty deal, but after the hacker’s lack of compliance, they threatened legal action and announced plans for a public bounty program to encourage information leading to the hacker’s arrest and the recovery of user funds.

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Information	Details
Geography	Global
Countries
Sentiment	negative
Relevance Score	1
People	None
Companies	Polygon, KyberSwap, Avalanche, KyberDAO, Ethereum
Currencies	Ethereum, Avalanche
Securities	None