PANews reported on April 1st that according to Cointelegraph, the founder of the recently hacked decentralized finance protocol SIR.trading, "Xatarrer", sent a plea to the attackers, requesting them to return approximately 70% of the stolen customer funds, otherwise the protocol would not survive. Xatarrer wrote in an on-chain message to the attackers on March 31st: "This is my proposal, you keep $100,000 as fair compensation for discovering the critical vulnerability, and then return the rest. We'll call it even, with no legal disputes and no dramatic scenes." Previously, the protocol was hacked for $355,000 on March 30th.

Xatarrer stated that SIR.trading was built on four years of late-night coding and $70,000 from friends and supporters (with no additional venture capital funding). Xatarrer even praised the hacker's attack method, saying that if it weren't for people losing significant funds, the attack was "almost perfect". According to data from Ethereum block explorer Etherscan, the hacker has not responded and has transferred the stolen funds to the Ethereum privacy solution Railgun.

Xatarrer initially stated on March 30th that despite the setback, the SIR.trading team still intends to keep the protocol running. They said on March 31st: "We have started planning the next steps. Those affected by the hack will not be forgotten."