diff --git a/SECURITY.md b/SECURITY.md
index 69c04082..6d5c10bd 100644
--- a/SECURITY.md
+++ b/SECURITY.md
@@ -26,24 +26,3 @@ client.
 Once we have received your bug report, we will try to reproduce it and provide a
 more detailed response. When the reported bug has been successfully reproduced,
 the team will work on a fix.
-
-## Bug Bounty Program
-
-To incentive bug reports, there is a bug bounty program. You can receive a
-bounty (up to $25k USD) depending on the bug's severity. Severity is based on
-impact and likelihood. If a bug is high impact but low likelihood, it will have
-a lower severity than a bug with a high impact and high likelihood.
-
-| Severity |     Maximum | Example                                                                |
-|----------|------------:|------------------------------------------------------------------------|
-| Low      |  $1,000 USD | A bug that causes mev-boost to skip a bid.                             |
-| Medium   |  $5,000 USD | From a builder message, can cause mev-boost to go offline.             |
-| High     | $12,500 USD | From a builder message, can cause a connected validator to go offline. |
-| Critical | $25,000 USD | From a builder message, can remotely access arbitrary files on host.   |
-
-### Scope
-
-Bugs that affect the security of the Ethereum protocol in the `mev-boost`
-and `mev-boost-relay` repositories are in scope. Bugs in third-party
-dependencies are not in scope unless they result in a bug in `mev-boost` with
-demonstrable security impact.