Mango DeFi Hacker Posts Ultimatum Hours After $100M Exploit: 'Repay Bad Debt'

Just hours after the Solana-based DeFi platform Mango suffered a $100 million exploit, the alleged hacker has now proposed an ultimatum to the community.  What Happened: According to the proposal posted on Mango’s governance platform, the hacker wants Mango to use its $70 million available in USD coin (CRYPTO: USDC) to repay bad debts within the protocol.