Why not focus on the exploiters and lock the funds they stole?

Summary
most of those trillions of freshly minted luna were swapped by a few addresses which then deposited on exchanges.

UPDATE
all wallets that swapped above 1 billion luna are in the linked sheet:

i ve updated the list with my findings till now:

Terra Finder 730 bln
Terra Finder 200 bln
Terra Finder 200 bln
Terra Finder 152 bln
Terra Finder 152 bln
Terra Finder 143 bln
Terra Finder 103 bln

7 addreses of 100+bln for 1680 billions combined

Terra Finder 96 bln
Terra Finder 88 bln
Terra Finder 84 bln
Terra Finder 71 bln
Terra Finder 65 bln
Terra Finder 62 bln
Terra Finder 57 bln
Terra Finder 56 bln
Terra Finder 51 bln
Terra Finder 50 bln
Terra Finder 50 bln
Terra Finder 50 bln
Terra Finder 50 bln
Terra Finder 50 bln

14 adresses between 50-100 bln for 883 billions combined

Terra Finder 47 bln
Terra Finder 47 bln
Terra Finder 46 bln
Terra Finder 37 bln
Terra Finder 36 bln
Terra Finder 36 bln
Terra Finder 36 bln
Terra Finder 36 bln
Terra Finder 35 bln
Terra Finder 35 bln
Terra Finder 34 bln
Terra Finder 30 bln
Terra Finder 30 bln
Terra Finder 30 bln

14 adresses between 30-50 bln for 525 bln combined

Terra Finder 26 bln
Terra Finder 25 bln
Terra Finder 23 bln
Terra Finder 23 bln
Terra Finder 22 bln
Terra Finder 22 bln
Terra Finder 22 bln
Terra Finder 21 bln
Terra Finder 21 bln
Terra Finder 20 bln
Terra Finder 20 bln
Terra Finder 20 bln
Terra Finder 18 bln
Terra Finder 18 bln
https://finder.terra.money/mainnet/address/terra1h02jqaxz9r2uxseky777mqcwdm4uxutw7a5sr4 17 bln
https://finder.terra.money/mainnet/address/terra1xtrecucn43qk4amfwd620c72f2psgwzxcrqwnt 17 bln
https://finder.terra.money/mainnet/address/terra15munlru0wuju26efz24agamcs365n9mmc2qvtx 17 bln
https://finder.terra.money/mainnet/address/terra1egv33mg0wwwvyvqgv3ry3pugf4tk6wmg5u9a6z 17 bln
https://finder.terra.money/mainnet/address/terra12v22rftj0xxcl6ugp2axmt0vd2f8dgmy3hgnfl 16 bln
https://finder.terra.money/mainnet/address/terra1mv4t5sxejfq2pd9dtct5636nqvyrtj7jpzjvjd 15 bln
https://finder.terra.money/mainnet/address/terra17m93gu2046kjnaklg6jau77l8n84n3rdhxpuzj 13 bln
https://finder.terra.money/mainnet/address/terra1d8x460zg2lx8saakedyylahrcmpprlw4flcad8 13 bln
https://finder.terra.money/mainnet/address/terra1pp9pnya9v7tkfejlnmyafyakg0455e0yku5n4y 13 bln
https://finder.terra.money/mainnet/address/terra1t9r8zc7wskfxrdwkwvyfzy8ws0r6303jpcd9az 13 bln
https://finder.terra.money/mainnet/address/terra159xwn2spujy4vptpz59axssm8ydh3tyk0z740x 12 bln
https://finder.terra.money/mainnet/address/terra1xvtma6dv5ckukfll9dn66mmrxzgnjukp5levpe 12 bln
https://finder.terra.money/mainnet/address/terra12z5lxcq6dnaq5s47d2gczsdtar6dv88j5ezmat 12 bln
https://finder.terra.money/mainnet/address/terra1wqh5aj7uhd52jfgdym4y9z9da29ggrm8cjfrut 12 bln
https://finder.terra.money/mainnet/address/terra1pm74efd8fxj6dhred8a638c3wwww5ly7n06pc0 11 bln
https://finder.terra.money/mainnet/address/terra13punuuk0mwha6uwudqqfgs8ksacz7cpya7h8tx 11 bln
https://finder.terra.money/mainnet/address/terra1drd2jkl5hkm735gy57se0sdc4k0k33frkxu99w 10 bln
https://finder.terra.money/mainnet/address/terra1rvkma07ds6yrzdlu9s5hmkkvgtfyg695ptqm8v 10 bln
https://finder.terra.money/mainnet/address/terra13duv7r7mam0n8r7h2jj0fr43gzr73hnan3vuy0 10 bln
https://finder.terra.money/mainnet/address/terra1h2uu4vm0dm78d0wyu0yzpesarxuw7ga5txz9rp 10 bln

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

i’ll 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

Proposal

these exploiters can and should be identified

22 Likes

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.

1 Like

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 ‘war room’ 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

7 Likes

do u know how much ust was swapped? if its in the billion, it sure is suspicious

you can check the addresses in the first post.

first one was created on 11th may and swapped 200 billions in 3 swaps

just minutes before they halted the blockchain.

i’m assuming the rest up to 6500 billions went to similar freshly created addresses like this one

2 Likes

We need to know a lot things. So far nothing has been shared.

I was looking for that kind of data. I suspected that someone “in the know” 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 doesn’t bring much trust to the ecosystem.

1 Like

2 more interesting addresses:

https://finder.terra.money/mainnet/address/terra1j39c9sjr0zpjnrfjtthuua0euecv7txavxvq36

https://finder.terra.money/mainnet/address/terra1lzdux37s4anmakvg7pahzh03zlf43uveq83wh2

both were created on 12 may within 5 mins of eachother
both received the same original funds (17 mln ust withdrawn from binance)

later on 14th may they both withdrew 50 bln luna from binance, currently each is holding around 38-39 bln luna

so again another example of one player using multiple addresses and holding huge ammounts of those freshly minted lunas

2 Likes

I totally agreed with u idea. Just freeze these wallets as well as whale’s wallet to reduce the supply. Then most of us will be happy

3 Likes

Terra Finder

identical pattern as the above

address made same time on 12th may, withdrew 50 bln as the other 2.

same player

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 they’re 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

1 Like

4th address identical pattern with the 50 billion luna withdrawl

Terra Finder

5th adress identical pattern

Terra Finder

250 billion luna till now moved by same entity

2 Likes

https://finder.terra.money/mainnet/address/terra1pm5t8er7k5paj9kca5n0d0ysz2nyjdp9u805pf

this addressed swapped 830 BILLION LUNA. this address took hold of more than 10% of luna current supply

2 Likes

I don’t know any theory for why anyone making on-chain trades did anything “evil”. I think “exclusion hunting” would be through finding withdrawals to exchanges.

It would be great to identify these people because it’s really starting to seem like an inside job. The Luna on these addresses must be burnt.

2 Likes

not interrupting was a fundamental part of the coup plan.

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/UST’s algorithm, we need to see what really went on with LFG’s BTC.

1 Like

here s my findings till now:

Terra Finder 730 bln
Terra Finder 200 bln
Terra Finder 152 bln
Terra Finder 152 bln

4 addreses of 100+bln for 1230 billions combined

Terra Finder 96 bln
Terra Finder 84 bln
Terra Finder 71 bln
Terra Finder 65 bln
Terra Finder 62 bln
Terra Finder 51 bln
Terra Finder 50 bln
Terra Finder 50 bln
Terra Finder 50 bln

9 adresses between 50-100 bln for 580 billions combined

Terra Finder 47 bln
Terra Finder 36 bln
Terra Finder 36 bln
Terra Finder 34 bln
Terra Finder 30 bln
Terra Finder 30 bln
Terra Finder 30 bln
Terra Finder 25 bln
Terra Finder 23 bln
Terra Finder 22 bln
Terra Finder 22 bln
Terra Finder 21 bln
Terra Finder 20 bln
Terra Finder 20 bln

14 adresses between 20-50 bln for 400 bln combined

Terra Finder 18 bln
Terra Finder 17 bln
Terra Finder 17 bln
Terra Finder 15 bln
Terra Finder 13 bln
Terra Finder 13 bln
Terra Finder 13 bln
Terra Finder 12 bln
Terra Finder 12 bln
Terra Finder 12 bln
Terra Finder 11 bln
Terra Finder 11 bln
Terra Finder 10 bln
Terra Finder 10 bln

14 adresses between 10-20 bln for 180 billions combined

so that s a grand total of 2400 billions swapped by 41 addresses, possible even fewer people behind them

i’ll update the post when i find more big addreses

1 Like

We ALL have to ask CZ identify Exploiters and freeze their balances.

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!

1 Like