Bybit has reportedly paid over $4 million to bounty hunters who helped track and freeze stolen funds. This move raises questions about the ethics of using bounty hunters in crypto security. While it may be an effective deterrent, it also creates concerns about the exploitation of individuals and the blurring of lines between cybersecurity and mercenary work. As cryptocurrency exchanges, we must weigh the benefits of this approach against potential risks and consider alternative measures to protect user funds. The use of bounty hunters is just one aspect of a broader conversation about crypto security and responsibility.