Founded in 2017 by Viabtc founder Haipo Yang, Coinex addressed the hackers responsible for the theft of $54 million in various cryptocurrencies. The exchange emphasized its mission to make “the world a better place through blockchain.” Coinex believes the hacker might “share similar aspirations.” The exchange seeks to initiate dialogue with the attackers, noting that a significant bug bounty would be awarded if the funds are returned. “We sincerely invite you to work with us to resolve this issue in a securer, more reasonable, and more user-friendly manner,” Coinex said. “We encourage you to communicate and negotiate with us actively on the blockchain or through our official email address. If you are willing to return the stolen assets, we will offer you a generous bug bounty as a reward,” the exchange added.