5% plus 5% turns "who first called to stop the address" into a quantifiable service. Excluding judicial and law enforcement procedures avoids turning police investigations into commission-based tasks and keeps the bounty for civilian nodes. Stablecoin issuers can lock contract balances but cannot lock ETH, so the actual results of the gratitude statement are measured in hundreds of thousands of dollars, with the main holdings having left the freezeable layer.

The capital path is the protection fund outsourcing recovery. The Bybit channel explains that a shared hunter network was formed after the theft of the hot wallet where the head is located. Interfaces and panels reduce repetitive work, with final interpretation rights remaining with the stolen party; the bounty is not an automatically redeemable smart contract.

Benchmarking against Bybit's Lazarus bounty, Tornado sanction lists, and issuer blacklists: stablecoins are among the few that can be urgently stopped at the contract level. The industry phase is to first convert to non-freezable assets after theft, then discuss cross-exchange collaboration.

Structural changes belong to the recovery layer of the industrial chain reconstruction. Pricing power shifts from a single security team to reporters who can push issuers to blacklist. The mechanism is: freezing is priced, recovery is priced separately; legal actions have no rewards, only voluntary actions yield shares. ETH is not frozen, and the bounty hardly buys an urgent stop for it.

ABAB News · Cognitive Law

Only the issuer's coins can be blacklisted by the issuer
The bounty buys voluntary reports, not police documents
Freezing and recovery are priced separately to avoid just stopping without returning