Regarding the downvotes, the company says the below in their Immunefi page. It seems (as the OP responded) that they paid out differently in this case. I am unsure why that happened or if the page is outdated.
"Payouts are handled by the Sei Foundation team directly and are denominated in USD. However, payments are done in SEI." [1]
The other part of my comment is correct according to the various Immunefi listings. Again, I could be incorrect if they do something differently behind closed doors.
Projects are free to change their terms and the page you link has been updated since I submitted my reports. The maximum was lowered to $1M and payment currency changed from USDC to SEI.
Sure, but we are talking about a token that (almost) had a bug that allowed people to steal from cold-wallets. No amount of fancy words makes that concern go away.
"Payouts are handled by the Sei Foundation team directly and are denominated in USD. However, payments are done in SEI." [1]
The other part of my comment is correct according to the various Immunefi listings. Again, I could be incorrect if they do something differently behind closed doors.
[1] https://immunefi.com/bug-bounty/sei/