Arkham customers rally behind crypto bounty initiative to expose culprits behind FTX, Wintermute hacks and meme-coin rug pull

Arkham Intelligence’s crypto bounty program drew attention after customers began supporting rewards aimed at identifying people or entities behind major crypto crimes, including the FTX exploit, the Wintermute hack, and a meme-coin rug pull. Arkham said participants could earn ARKM tokens by providing evidence-backed identifications or information that helped recover funds, with anti-spam deposits required for submissions. The initiative matters because it tried to turn the crowd into a decentralized investigative layer for blockchain incidents that had already caused major losses and, in some cases, remained unresolved. The FTX hack involved more than $415 million in missing crypto and had not been conclusively attributed, while Wintermute lost about $160 million in a DeFi breach tied in public reporting to a likely address-generation flaw; Arkham later also used bounties in other cases such as the WazirX hack, where sleuths claimed rewards by tracing exchange deposit paths.

✨ AI-generated background, compiled from web sources — not editorial content.

More coverage

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• Crypto Market Maker Wintermute Hacked for $160M - Investopedia (investopedia.com)
• Featured Arkham Intel Exchange Bounty: The FTX Exploit ... - Twitter (x.com)

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