Save on-chain funds stolen from Terraport

I have invested in every project developed on the lunc chain. I have investments of 50-100$ for support purposes. Ventiswap, Garuda, Glowstone, cahrli.jr are some of them. This is an effort to support, not a gamble. Forgive me for not thinking as stupid as you. Protecting hackers has been your top priority.

I wonder how many projects we can bring to the chain by explaining that we don’t care about them while we want to bring projects to the chain.

We have voted NO WITH VETO
It is ridiculous that the proposal even reached governance voting

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People need to realise one thing. TCV already admitted that it is an inside job. When someone FROM the company stole the money, TCV becomes liable.

If you want your money back, go after TCV, it’s as simple as that.

If it still isn’t clear, think for a moment. What happens if you put your money in Binance and hypothetically if that money got stolen by Binance’s own accountant. Do you go after the accountant yourself? No, in that hypothetical situation, Binance would be liable to compensate you in full. In that same hypothetical situation, Binance can go after the accountant after compensating the loss to its customers.

Thus, it’s not your job to go after the hacker if you are an investor. TCV should compensate all investors in full, and then by their own effort recover that very same loss by going after that ‘hacker’.

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I do not understand how you make a connection between freezing the wallet addresses of the thief and responsibility. I think other utilities and project developers see this attitude. will not develop on the lunc chain. a project that has become a waste of worthlessness. lunc will continue to lose value.I look forward to losing your binance support.

I wonder those who say no… Does this offer do any harm to #lunç… Are you on the side of the thief? Or do you have a connection with the thief?

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Not hackers dude. Inside job.

With these baseless accusations, you are more interested in gambling for profits.
TerraCVita - a centralized company is the owner of the wallet. It was created at their approval. By someone they hired.

You throwing in 100 dollars, looking for gains is not support. You did it in the hopes of acquiring funds for yourself. Either you ignored how risky Terraport was or you didn’t care. In any case - Asking a decentralized blockchain to become a centralized entity for a 3rd party Company is delusion and you are trying to protect the real culprits with this mockery.

TerraCVita is a company. Registered. KYC and all. Their wallets, their dapp, their responsibility.

Where is the proof?

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It’s the other way round. Those who say “yes” to this proposal are protecting the thief, which is TCV.

TCV paints this narrative that the investors can get back the fund if the money the ‘hacker’ took can be found.

That’s not the truth.

Investors already have the right to claim the money back against TCV. Saying “yes” to this proposal will continue that fake narrative while harming the chain. Scroll up and read if you want to know how this proposal can harm the chain.

As to anyone who wants to get their money back, just go after TCV.

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so in your opinion we should not freeze these wallets. they should use this money as they wish.

Maybe you should ask this proof to other cex addresses, there is a proof that you can’t see, they think they are thieves and they have been doing the action you don’t want to do for a long time.

I am very tired. I invested 50-100 dollars and why should I try so hard for it. You are so ignorant. I hope you will pay the price for this decision as soon as possible.

You wish to trade some 2m USD of a centralized companies funds (the wallet belongs to TcV. Not to investors) for the reputation of a 650m USD blockchain.

I believe you are smarter than that.

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Join with others and go after TCV. That’s the best and fastest chance you have in claiming that money back.

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Some people need to take a good long lesson on governance and integrity, especially those who are the loudest on agora.

The governance system is not a fix it tool anyone uses when 3rd party privately owned, closed source project goes south. Quite frankly, I don’t care what happened. Had this been an NFT project, a DEX, or gameFi. It is the project owners/projects team sole responsibility to protect their investment along with others investments. If you fail then that is your responsibility, not anyone else’s.

To even have this type of proposal even make it to governance (not even a 7 day waiting period) is making a total mockery of this very system. It is also ashamed that 2 L1 developers assisted in producing a code to blacklist wallets. These individuals should know better and should know that this goes against governance. Whether or not that the code was in a separate branch, the intentions were there and there is no excuse.

Another thing that really grinds my gears is absolutely no accountability or responsibility for what happened. Someone from the outside helped investors of terraport by locking up 55% of the funds and the owner of this project blamed the individual for 45% being stuck on chain. The owner of terraport also blamed the FUDDERS for launching an unaudited project -

Lastly, to give users here a really good example of not taking accountability of Terraport’s negligence and straight up manipulation. The owner of Terraport sees that anyone who votes against this proposal will be “aiding criminals” seen here -

With all due respect to the blockchain, governance, validators, and the community. The owner and team of terraport need to take accountability for their actions+negligence and never to touch governance again in this manner. This is a direct violation to DeFi and a direct mockery of governance.

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what do you think tcv does not know that this offer will not pass? There is definitely some misdirection here. I think tcv is definitely guilty in this hack and I think the purpose of this proposal is different. If they were a really sincere team, they would change the code, make an audit and protect the investor with the money from the pre-sales. maybe the purpose is to say that we tried and it didn’t work. they think it’s enough to step aside with pre-sale money…

Yes, and the naive will believe. That money is gone and no longer there. They are brainwashed and believe in any fairy tale they are told. The hacker stole. Sure, and I’m a criminal because I voted veto

It seems that there is a party in the community that is interested in regression and destruction.

good morning everyone, I state that I am new to Agora, but I often read the discussions that are proposed to understand the developments on the Blockchain. That being said I am one of many who have had their money stolen from Terraport pools. These days I’ve read everything, and I’ve only understood one thing: nobody really cares about the development and growth of Lunc. The only thing that can be understood by reading is that everyone is only interested in being able to have visibility and put their hands on any community funds as much as possible. It really sucks. In this proposal we are looking for an effective and quick solution to return the money to investors, something that no one has tried to think or do. All only capable of criticizing and making accusations, but no one who has tried to set their brains in motion to find a solution. You are all truly a disgrace. We have enormous power that other coins don’t have, the power of a community. Instead of exploiting it, we just do our worst to bury it further and further. I personally would do anything to get my money back, even going against the crypto base temporarily, but at least I’d f**k the bastard who made our money disappear, and who right now is laughing and sneering seeing how we are divided. The losers are only the investors, most of the validators think exclusively of their own interests and earnings, people don’t give a shit. You are really pathetic. The day this situation ends, I will come out of this crap with the hope that everything will collapse on you and that you will then be there crying for not having thought about acting instead of doing your shady business. Good day everyone

then why even bother with LUNC rivitalization?
its d0kwon fck up he should fix it imaright, what are we all doing here?

just my 2cent

at least locked from being used is min.
recovering is another beast

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Absolutely correct.
You invested in a very high risk, high return project.
That project failed you.

Terra Classic does not need to put its reputation and it’s chances of survival on the line so "You* could get your gamble back.

You did not invest in Terra Classic that you are now asking to bail you out. You invested in a UK based companies service Terraport.
That company is also liable for the 45% of funds on those wallets. Not the Terra Classic chain.

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I personally would do anything to get my money back, even going against the crypto base temporarily

The concept behind this sentence is so wrong. I’ve lost money too and I’m sorry that you suffered losses as well, but you can’t violate the principles behind a DeFi system for egotistic and personal reasons. It’s wrong. That’s not the way to proceed. Please, put aside your feelings and try thinking in a reasonable way. Nobody is saying that investors shouldn’t be refunded. That’s simply not the way to do it.

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So you lost money and want to put the chain at risk for it? No with veto is running and you better be more careful in the future

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