On May 7, according to The Block, Web3Bounty.io recently launched a new reward program to solicit effective clues about the misappropriation of approximately $456 million in TrueUSD (TUSD) stablecoin. The program sets up to $50 million in bounty pools, rewarding those who provide key raw information and ultimately contribute to asset recovery. The move aims to uphold judicial justice and protect the rights and interests of thousands of TUSD coin holders in this unprecedented breach of contract.

Through the Web3Bounty.io platform, whistleblowers, insiders and investigators can submit actionable clues. Any verified original clues that can make substantial and direct contributions to asset recovery will have the opportunity to receive a reward from a $50 million bounty pool (equivalent to approximately 10% of the lost assets). The platform will update the recovery progress in real time, and all submission clues must be independently verified. The reward payment shall be fully determined by the project operator.