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Web3Bounty.io has launched a $50 million bounty pool to solicit clues related to TUSD fund misappropriation.

GateUser-6433627c
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On May 7, The Block reported that Web3Bounty.io recently launched a new bounty program to solicit valid clues about the misappropriation of about $456 million in reserves of the TrueUSD (TUSD) stablecoin. The program has established a bounty pool of up to $50 million to reward those who provide critical raw information that ultimately leads to asset recovery. The move is intended to uphold justice and protect the rights and interests of thousands of TUSD holders in this unprecedented breach of contract. Through the Web3Bounty.io platform, whistleblowers, insiders and investigators can submit actionable leads. Any verified original lead that makes a substantial and direct contribution to asset recovery will have the opportunity to receive a reward from a $50 million bounty pool (equivalent to approximately 10% of lost assets). The platform will update the recovery progress in real time, all submitted leads will be independently verified, and the distribution of bounties will be determined by the project operator at its sole discretion.
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