Foresight News reported that the Tapioca Foundation has announced that it is currently collaborating with law enforcement agencies and various security organizations, including ZeroShadow, Seal911, and the BNB Smart Chain team, as most of the stolen funds remain on-chain. The team is now offering a 10% bounty to reward any information or actions that help recover the stolen funds.
Previously, the Tapioca DAO was subjected to a social engineering attack on October 19, resulting in the theft of $4.7 million in assets. The team had proposed a $1 million bounty for white hat hackers, but the hackers did not respond.