April 4, 2025

SIR.trading begs hacker to return $255K or ‘no chance for us to survive’

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A day after SIR.trading was hacked for $355,000, the protocol’s founder pleaded for the hacker to return a portion of the stolen funds.

The founder of the recently hacked decentralized finance protocol SIR.trading has made an emotional plea to the attacker, asking them to return around 70% of the stolen customer funds otherwise, the protocol will not survive.

“Here is my proposal, keep $100k as a fair share for your critical bug find, and return the remaining,” SIR.trading’s pseudonymous founder “Xatarrer” wrote in a March 31 onchain message to the attacker following the $355,000 hack on March 30.

“We’ll call it even. No legal games, no drama,” they added. 

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