34 adresses between 10-30 bln for 560 billions combined
so that s a grand total of 3650 billions swapped by 69 addresses, possible even fewer people behind them
iâll update the post when i find more big addreses
all these addreses can be identified on the explorer.
all these addreses sent the luna to exchanges and those exchanges have kyc so the persons behind them can be identified
Exploit is not the same as hacking. The real issue was UST was not fully backed so anyone with large enough money could have caused this depeg when the timing was right.
in the last few hours of the death spiral the supply jumped from 2 billion to 6500 billions
from what i managed to find in the most opaque explorer i saw (terra.finder) those 99% of fresh luna came into the hands of a handful of addresses.
the luna âwar roomâ stood and watch how this happened even if they would ve known in the beginning of those hours where things go. yet they let supply inflate by 99% and the vast majority of it end up in a handful of addresses.
it does matter who were the owners of those addreses.
my point is that instead of proposing to fork the entire chain, the focus should be on those who appropriated 99% of luna
I was looking for that kind of data. I suspected that someone âin the knowâ would have bought a ton of Luna right before staking was removed due to insane APY for staking. You may have found someone from TFL or a validator who knew the blockchain was about to halt staking rather than the attacker. In any case, seeing this doesnât bring much trust to the ecosystem.
yes and as situation is the insiders are the prime suspects on getting hold of all those trillions of luna, and using above addresses to wash them through exchanges.
adresses who withdraw 50 bln luna HAVE KYC 100%
sure, maybe their just some random whales that took advantage of the opportunity.
but maybe theyâre not. we need full transparency on this.
this is the beauty of blockchain though. If all this affair goes to court, all these details will be thouroughly analysed
I donât know any theory for why anyone making on-chain trades did anything âevilâ. I think âexclusion huntingâ would be through finding withdrawals to exchanges.
Agree with this. I mean, the attackers may have exploited a bug in the system but this is way too malicious, even hackers often give back what they hacked if it gets too big.
If CZ or anyone really wants to help, they can just identify who dumped UST on Binanance according to what people are suspecting. OR, if this was a complete failure of Luna/USTâs algorithm, we need to see what really went on with LFGâs BTC.
Please check my Proposal of deflating wallets. I am addressing the problem of super whales as I also believe they must be punished and everybody which is holding for example more then 0.1% of the supply should pay for this mess and most of their coins burned, especially these suspicious wallets! great job!
