Balancer, a leading decentralized finance (DeFi) platform, is taking proactive measures to recover stolen funds after hackers exploited the protocol and stole $116 million. The DeFi platform initiated negotiations with the perpetrators on November 8th, proposing a bounty for the return of the lost assets. Failure to comply will result in legal action, as Balancer aims to protect its stakeholders. The company is actively collaborating with security researchers to resolve this sophisticated attack. While no official law enforcement involvement has been confirmed, Balancer’s commitment to compensation underscores its seriousness in tackling this incident and preventing future vulnerabilities. This move highlights the ongoing challenges and risks within DeFi protocols, highlighting the need for robust security measures and industry-wide collaboration.