@novellsk8
@amythesoon
Absolutely NOT full disclosure. Your husband was paid OVER $30,000 USDC+ONE from April through August 13th.
He had a timesheet!
$5625 on May 10th for work in April+May (volunteer month) on Ethereum on May 14
TX: 0x47c76d14f26811af1842fb68d9ee1ba26a1f9fa7a3739cc355feddd2bd83a879
The
@TeamKingDAO
is connected to and most likely run by
@AquaOnJuno
and
@toddsondgroth
$EMPWR Presale Deposit Wallet sent funds to the same wallet that received $LUNA from the KingDAO founder after completing
@TheLionDAO
Proposal to Whitelist $KING
Proof in the Thread below.
Maybe
@fleece_cannon
&
@terra_money
can explain why they asked for a 150M $LUNA Community Grant without disclosure they were borrowing to what is now 450M in debt from a subsidiary company "Terraform Labs Limited" which dissolved in July 2023?
Retention Data released
Chris Amani
@fleece_cannon
the CEO of
@terra_money
pocketed 4.47M of the 6.778M in "Key Employee Retention Plan Awards"
This was, as I understand it, in addition to the salary, benefits, and sign-on bonus of 3.669M
TOTAL of 8.139M collected by Chris
Two wallets attributed to
@stablekwon
are active again:
On May 6th 2023 terra1wqwfwh797tf77e2xpvy9xx082pwpxxlm9x4xws
claimed staking/vesting rewards and sent all of the 1.55 Million $LUNA to Binance
What about this wallet:
terra1wqwfwh797tf77e2xpvy9xx082pwpxxlm9x4xws
It has 20mil LUNA. That's 2% of total LUNA supply, owned by you. If it doesn't belong to you, why was it used to submit a proposal authored by you?
@MrDiamondhandz1
There is still 200M more $USTC that belong back in the Community pool. The funds were taken off-chain from the underwriting contract by
@riskharbor
between July 15th and August 11 2022 without governance vote or consent of the community.
These are the transactions:
The settlement consent agreements of
@terra_money
and
@stablekwon
have been released which appear to be a complete capitulation to the SEC summary request for Judgement from the Civil Trial.
TFL agreed to liquidate assets & wind down operations with a plan due on June 30th, 2024
After a long absence,
@raoufbenhar
has reappeared on the investor list of
@stride_zone
Raouf had been missing after the Risk Harbor team, now rebranded as
@AndalusiaLabs
, used an admin function to withdraw 200M $UST (6.6M USD) to Binance.
The $LUNC community would like a word.
hey
@crunchbase
do you know why was
@raoufbenhar
removed from the
@stride_zone
seed round page?
He was listed here
up until recently and personal investment section is now missing as well.
@VictorCheng7
@mrjasonchoi
@tangent_xyz
To wade into the details on how Risk Harbor now Karak acquired the 200M USTC from the aUST Underwriting Contract. They executed an administrative backdoor without disclosure to withdraw the community funds deposited into the vault by the Ozone multisig.
the TLDR:
SEC claims that based on transaction records acquired from Binance, Kucoin and Bitfinex associated with
@terra_money
that TFL sold over 24 BILLION USD worth of $LUNA on three exchanges between January 2021 & May 31st 2022 & the majority sold after the May 2021 depeg
So where does the 5.5B fine being requested by the SEC in the case against
@terra_money
?
The amount is based on SEC documented claims of 4.2B in $MIR, $LUNA, and $UST sales (from mostly signed contracts) resulting in net profits sent to TFL
Source:
In the name of transparency & disclosure,
@ATOMAccelerator
@gyunit_
should release all internal meeting minutes & all grant approval/review/rejection notes.
This grant specifically:
Grant application, Reviewer approvals, milestone specs, GitHub + Status
So where does the 5.5B fine being requested by the SEC in the case against
@terra_money
?
The amount is based on SEC documented claims of 4.2B in $MIR, $LUNA, and $UST sales (from mostly signed contracts) resulting in net profits sent to TFL
Source:
According to a new report:
The
@cosmoshub
Liquid Staking Module (LSM) was developed by North Korean DFRK agents.
In April 2023, weeks after
@zmanian
had contact with FBI regarding the devs, the LSM was proposed as a "Regulated and Efficient" solution...
In 2021, .
@zmanian
, the CEO of Iqlusion, hired two developers to help develop the
@cosmoshub
blockchain: "Jun Kai" and "Sarawut Sanit."
"I talked to them almost every day for a year," said Manian. "They did the work. And I was, frankly, pretty pleased."
Eventually, Manian got a
The
@Karak_Network
aka Subsea
@riskharborchina
funded again by
@PanteraCapital
6.6M USD in UST of community funds on the Terra chain were withdrawn using a risk harbor team wallet without consent of governance and after bots spammed the address used
Looks like
@terra_money
loaned
@PulsarFinance
(Proximity) 2.6M for operational expenses after purchasing the company for 5M USD less than 1 year ago.
2024 Q1 & Q2 operating expenses were nearly 880K USD on revenue of 1.2K
SOURCE:
TFL
@terra_money
with
@fleece_cannon
on the lack of transparency regarding the bankrupt organization's declaration reporting. In the last month they've attempted to seal reimbursements and retension payments to key employees.
The Bankruptcy trustee has filed a formal objection.
May 2024 from the Bankruptcy filings of
@terra_money
For May:
20M in Legal fees
1.3M for Employees (30K avg per 43 employees)
1.1M in Professional Expenses
728K in "Other"
30K in Marketing
400K in IT expenses
83K in Rent
Cumulatively Jan to May 31:
net negative 63.78M USD
Here's Todd from
@AquaOnJuno
reusing "World Vision - The Zambia Project" video footage without attribution or recognition
Video was copied & voice over and titles applied on it stating the org is a "501C3 Registered Non-Profit" & while registered the org was not in good standing
It's astonishing how many people rush to 'invest' their money—and eventually lose it—in a coin just because a mainstream influencer promotes it
When they lose their money, they shouldn't cry, because they are victims of their own stupidity
This also speaks volumes about how
40% of $ENTRY tokens in a few hands.
10% of supply to Cosmos Hub for 2.5M worth of $ATOM
There's no way this project is valued at 25M based on its revenue projections (which are not realistic).
250M locked in vaults = ~500k-1M in annual revenue.
Bottom Line:
Who would use
@karak_network
knowing the team is evidenced to install backdoors in contracts on at least two occasions?
Why would investors looking for risk protection deposit funds into contracts when the team has been shown to claim ownership of funds & withdraw?
@VictorCheng7
@mrjasonchoi
@tangent_xyz
To wade into the details on how Risk Harbor now Karak acquired the 200M USTC from the aUST Underwriting Contract. They executed an administrative backdoor without disclosure to withdraw the community funds deposited into the vault by the Ozone multisig.
A statement from
@fleece_cannon
to the court regarding (and service agreements with) Luna Foundation Guard along with Tweets from the LFG council members in the weeks after the UST depeg.
Source:
x4xws wallet that is attributed to
@stablekwon
due to its submission of the Columbus-5 Upgrade Proposal on Terra Classic with the author stated as "Do Kwon" is still withdrawing assets after the settlement.
Two wallets attributed to
@stablekwon
are active again:
On May 6th 2023 terra1wqwfwh797tf77e2xpvy9xx082pwpxxlm9x4xws
claimed staking/vesting rewards and sent all of the 1.55 Million $LUNA to Binance
Giving you a list of validators who directly benefit from
@CosmosMillions
"[Do This Thing that Benefits Me] or Your Project/Chain Will Go To Zero" is a fear tactic.
@lum_network
and validators like
@StakeLab
@crosnest
are the real benefactors all with no skin in the game.
Giving you a list of validators that really wants
@StargazeZone
$STARS going to 0
These would mostly think it's normal to have anything in $STARS and only so the only incentivise people have is to have a dump token
Lack of knowledge, interest and development for the chain they
In April 2022
@AquaOnJuno
took funds from donation addresses and day traded protocol (PRISM, MARS, ASTRO, ANC) tokens often buying and selling on the SAME DAY.
osmo1uyjwsywch5h6x9pwrakj46y6fcr3a9w6xuj7cv
aka
cosmos1uyjwsywch5h6x9pwrakj46y6fcr3a9w6w8pww7
to Terra then Kucoin
In the SEC's motion for judgement against
@terra_money
and
@stablekwon
they are asking for disgorgement of 4.2 Billion USD + 545M in prejudgment interest; additionally 420M in civil penalty from TFL and 100M from Do.
The
@JunoNetwork
262,000 $JUNO is traced back to:
juno19wzcx8a9v4urg6dtzn26pc4mvkqpcz7mvxhxvj
+
juno10w3pa3ga0j4gvytay7ptjgy3pdlcgxvjjuu85j
from
juno1n8f5fknsv2yt7a8u6nrx30zqy7lu9jfm0t5lq8
identified as SG-1/Lobo by
@Rarma_
I need some more clarity on how a privacy chain finds support and celebrates a wallet that logs data on the wallets, user, devices, and behavior that uses it.
I suspect
@AquaOnJuno
and
@CasaOnJuno
are the same people running another iteration of an alleged copy pasta unregistered, undoxxed, unaccountable "charity scam"
Where's the charity paperwork?
Where are the drilling and charity receipts for the Founder's Club?
2/ Under the new community-pool tax of prop. 88, the Hub is set to earn 4.2M ATOM/year, 350k ATOM/month. With the current ATOM price of $9.49, that equates to $3.3M per month. The proposed investment in EntryPoint thus represent less than a month's worth of revenues.
the top 2 $LVN airdrop whales seeded their wallets less than 12 hours apart from each other in September 2023. That's interesting.
9/13/2023, 11:18:19 PM
osmo1qfv9lka8kxtumxj0drrqsxkqug40nfmm0p3jne
9/14/2023, 8:17:27 AM
osmo17d34cxnqdyh26mmahnz856m66z2vaxwhfu2vjn
Distribution of $LVN among recipients 3/
- The 9 addresses in the 100k- range, own the 25.58% of the airdropped amount
- Even more concerning is that the top 2 addresses have received over 750k tokens each.
- This makes them the owners of 15.24% of the airdropped amount
The
@ComposableFin
"trustless" bridge between
@Polkadot
and
@cosmos
has been reported as unavailable for TEN days
Composable is shilling the bridge on Twitter during the outage without acknowledgement or updates; Must go to their discord or telegram to get updates.
Another bridge down, another crazy asset price! $DOT
As the bridge to transfer $DOT between Polkadot and Osmosis is down, look what's happened to the $DOT price on Osmosis!
$DOT on Osmosis = $7.23
Regular $DOT = $4.09
Basically, don't buy $DOT on Osmosis right now. The bridge
So supporting evidence from the auditor that after the audit had been completed Risk Harbor AKA Karak
@karak_network
added additional functionality to their closed source underwriting vault contracts called 'AllowList' to provide withdrawal of all funds regardless of depositor.
@RayRaspberry1
@VictorCheng7
@mrjasonchoi
@tangent_xyz
Yes, as we discussed in the past, the code we reviewed at commit hash 0dd20ab4c7a9d4cd0715d49cc518f9037fb62152 did not contain an allowlist.
The contract deployed at uses another version of the codebase which we did not review.
1% (100,000,000) of total NTRN supply for... a portion of ATOM 2.0 ... from ICF cohorts who part of the "Band of Characters" that "wrote Atom 2.0"
Max and Sam talk circularly here for an hour and say nothing.
Something stinks.
In liquidation + wind-down TFL may dispose of any crypto assets EXCLUDING "Terraform Crypto Assets" $LUNA $wLUNA $ANC $LUNC $UST $USTC $KRTC & $MIR
- of which private keys are to be DESTROYED -
I'm not sure how one 100% confirms destruction of all copies of private keys, but 👍
The settlement consent agreements of
@terra_money
and
@stablekwon
have been released which appear to be a complete capitulation to the SEC summary request for Judgement from the Civil Trial.
TFL agreed to liquidate assets & wind down operations with a plan due on June 30th, 2024
He's right. Using blockchain for truth to increase efficiency & honesty in human collaboration is the step required before "number go up" or its just TradFi with new tech
@jaekwon
talking about what the
@JunoNetwork
charter along with
@DA0_DA0
enables.
@cz_binance
@TCryptochicks
Hey CZ can you help the LUNC community recover funds that were sent to account 102949132 on binance?
Account took funds deposited from community pool using admin feature in contract and sent them to binance rather than back to the community pool.
We believe it's
@raoufbenhar
The
@terra_money
community sent over 80K+ USD ( 2 of 12 payments ) supporting
@cosmwasm
.
Is
@confio_tech
& Ethan Frey available for a Space with the Terra Community & tell us how support has impacted CosmWasm development & documentation?
thanks.
Didn't CT just light up
@JakeHartnell
for earning Staking yield off his vested tokens?
@archwayHQ
is going to let core contributors do something similar with an unlock of earned staking rewards at 1 year from TGE.
I'm not that interested in
@Levana_protocol
team wallet compared to identification of the membership of Caymen Islands based Levana Foundation Jonathan Caras has declined to discuss which governs Levana assets & holds the trademark for "Levana Protocol"
the latest on
@stablekwon
status and
@terra_money
from the Bankruptcy court filings from a Declaration in Support of Mark G. Califano of the Supplemental Motion of Debtor to allow for additional legal fees.
source:
Backbone Labs team/founder who already gets a cut of 4.5% of $LAB is going to skim 1% off the top of the allocated 9% $LAB supply promised to the Backbone Labs community.
🫡
🚨Biggest BackBoneLabs Airdrop Announcement🚨
As you may be aware, BBL is set to distribute 9% of the total supply of $LAB tokens among the Gravedigger communities
Out of this 9%, BBL will allocate 1% for marketing, engagement activities, attracting more users, and more.
The
Look at all these validators that want $LUM network to go to zero.
They tried to save Stargaze, but now they're opposed to the Foundation spend of $30K USD of $LUM to save
@lum_network
What gives? You think they would support expanding the utility of $LUM...
Giving you a list of validators that really wants
@StargazeZone
$STARS going to 0
These would mostly think it's normal to have anything in $STARS and only so the only incentivise people have is to have a dump token
Lack of knowledge, interest and development for the chain they
He's right. He's not correct.
Members of
@stakecito
posted, retweeted promoting $WOSMO with statements incl:
"DO NOT MISS THIS"
"If you hear anything else it's FUD"
"Congratulation [airdrop recipients]"
"[It's] is the premier meme coin on Osmosis."
Open your trading history.
Correct take. Never assume I am correct about everything. Always be cautious
I will always be honest and transparent but I wont always be right and I will make mistakes
Sorry but I'm human, I have the same access to information as everybody else. Thanks for keeping me honest
It would be helpful if public bodies like
@ATOMAccelerator
would use or identify the members' names and their positions to the affiliated wallets
this nickname or no-name is not transparent for $ATOM holders.
1/3
@Interchain_io
was part of
@CelestiaOrg
seed round.
Seed raised $1.5M for a 15.9% allocation. ICF apparently led the round, so assume they were in for $500K. So ICF's alloc is 53M TIA.
At TIA price of ~$6, ICF's TIA worth more than the rest of its treasury combined 🤯
You have an open source explorer asking for a grant of $250K, for work done all the time open sourced, never giving up and with few validators ranked mid-bottom of the list
Then you have this:
DYOR.
.
@YFoundryDAO
breaking new ground in the world of DAO governance on
@terra_money
by expanding the platform smart contracts to include native chain governance $LUNA as a partner token for governance of Y-Foundry on Terra.
How's that for decentralization?
It was a pleasure serving
@JunoNetwork
during their Charter Trial as a elected delegate of the Development Department.
That trial has concluded and the Charter has been or is to-be dissolved based on the language in Proposal 350.
Best wishes to whatever comes next for Juno.
Their entire website is broken... again.
Also "new batch of grants" are not listed on the website nor does the twitter thread provide how much funding was actually granted.
1/
AADAO is proud to announce the first batch of grants for 2024: Asteroid Protocol, Everstake, Lava Network & Cosmoverse.
Each project aims to advance the
@cosmoshub
through improved infrastructure, expanded use cases & increased on-chain activity.
@mrtn_crypto
@PerfectHatred1
@VictorCheng7
@mrjasonchoi
@tangent_xyz
In this proposal the Terra community initiates a counter-proposal to reclaim the underwriting funds
The proposal passed governance
Now that Risk Harbor/Karak has stated they hold the remaining 200M in their possession, they can be returned as well.
hey
@crunchbase
do you know why was
@raoufbenhar
removed from the
@stride_zone
seed round page?
He was listed here
up until recently and personal investment section is now missing as well.
August 9, 2024 at 5:00 p.m. (Eastern Time) (the “General Bar Date”) as the deadline for individuals, partnerships, corporations, joint ventures and trusts, but not including governmental units to file a proof of claim against the estate of
@terra_money
Oral Arguments the remedies (fines) for
@terra_money
and
@stablekwon
on May 22nd at 2pm.
Additional supplemental information from TFL and Do for consideration can be submitted up until tomorrow.
It would help with transparency if the
@ATOMAccelerator
filled in the MEMO field of transactions from the grant payout wallet with the grant recipient info.
@VictorCheng7
@PerfectHatred1
@mrjasonchoi
@tangent_xyz
Terra voted to clawback the funds.
Had
@karak_network
, Raouf or Drew actually responded to attempts to contact them and said they held the funds those funds could have been included in the July 2023 clawback.
I contacted Raouf regarding these funds in June 2023 & he blocked me.
Now we know where the
@ATOMAccelerator
grant funding went to prop up Cito 10K Challenge.
When your ecosystem grant funded influencer uses percentages & outside capital infusions to reduce the perceived loss...
$10,000 invested.... $1,660.78 remaining.
THAT is the reality.
@lnsync
@Cryptopital
Juno is on the cusp of having the first public and transparent government system in the Cosmos which is actually WRITTEN DOWN and available for anyone to read. The charter defines a small and agile council structure that can be reset and held to account by $juno holders
Great work by George to identify and collect this data.
Tl;Dr roughly 1.3 $STARS sold for every 1 $STARS bought and a relevant (sell only) portion is coming from insiders which the foundation/team are most likely aware of / identified
$STARS has seen another 2 red weeks with the price of it declining by almost 40%.
Many people asked me who is responsible for all of this selling.
So I decided to take another look at some data & see if we can find an explanation for the latest price action $STARS. 📊⬇️
How many "independent" validators & TFL contracted companies in Terra are just
@terra_money
employees additional income streams?
In bankruptcy court SEC took issue with Moon Rabbit being allowed to operate as a crypto off ramp for TFL as it was owned by an officer of TFL
Here's how to get some $JUNO on
@JunoNetwork
when only holding $LUNA on
@terra_money
...
A̵ ̵S̵t̵e̵p̵ ̵B̵y̵ ̵S̵t̵e̵p̵ ̵G̵u̵i̵d̵e̵
...
𝓐 𝓒𝓸𝓶𝓮𝓭𝔂 𝓸𝓯 𝓔𝓻𝓻𝓸𝓻𝓼
When
@blu3dao
was formed and promised 1 Million in funding, Core Blu3 member Al, husband to Blu3 co-founder
@novellsk8
proceeds to attempt to found more DAOs.
First: Environmental Harmony w/ $1 MILLION grant and self-assessing his pay at $175/hour.
@VictorCheng7
@mrjasonchoi
@tangent_xyz
Here's the original proposal that issued the 1B UST
read through the comments from Drew co-founder of Risk Harbor and Karak. The funds were clearly the Community's funds, to be used on the Terra ecosystem, and not property of Risk Harbor or Karak.
🤡 Not a great take.
Things = good, it's because of us, when things = bad, it's your fault, community.
Juno leadership needs to own their actions not blame others.
Not unique to Juno.
People ask what needs to change with Juno? This "us v them" attitude b/w community & core
1/ Today I woke up with people criticizing how Juno Reserve is/was spent
I want to share something: do you know why USDC is not in our reserves? Because of your criticism.
The reason why during early times we didn’t diversified the reserve is because of the fear of your
"The Terra Luna Classic community was recently notified that Risk Harbor lost the keys and has agreed to blacklist the wallet."
Risk Harbor had not engaged the community re: 800M $USTC
@CoinGapeMedia
reporting is inaccurate & indicates lack of research.
The
@AquaOnJuno
Validator Well
#4
was announced as completed Nov 2022, but the photos posted were from a well completed in 2020 by
@AfricaHeartwood
The photos shared by AQUA included one that had been cropped to remove a January 2020 date
$AQUA / $WATR claimed a partnership
🧵
2.58M USD in one year of operating overhead for
@PulsarFinance
TFL purchased them in Oct/Nov 2023 for at least 5M USD based on bankruptcy filings.
source:
Dear community,
As some of you know, with TFL losing the trial,
@pulsarfinance
is now for sale.
I'm reaching out to ask for your help in sharing this message.. We're in a tricky spot and we need to find a new home for the team.
Here's why everyone should invest in us 👇
Data shared by Archway states that Cosmos has 30,000 Active Daily Accounts
@terra_money
claimed in January 2024 that their Station wallet application has 15,000 Active Daily users and Terra 2 has 37,000 unique monthly users based on Nansen data
SOURCE:
In my role contributing to
@archwayHQ
, I spend a lot of time thinking about strategy.
However, I can’t figure out why the
@cosmos
ecosystem can’t gain wider adoption. When you examine the data below, it seems like there is a ceiling of around 30k daily active accounts (DAA) for
TFL had an agreement to receive & use TLL (BVI) assets
TLL dissolved in July 2023
TLL assets were to vest with the BVI Government
TFL "may have used" assets to take out loans from dissolved entity (evidence below)
TLL may have lacked due diligence
Director had not been paid
Maybe
@fleece_cannon
&
@terra_money
can explain why they asked for a 150M $LUNA Community Grant without disclosure they were borrowing to what is now 450M in debt from a subsidiary company "Terraform Labs Limited" which dissolved in July 2023?
So going forward:
Liquidation plan is to be proposed by June 30th, 2024
TFL is to make its best effort to confirm a distribution of claims plan (using the liquidated assets) by September 30th, 2024
The distribution plan is to be put into effect by October 30th, 2024
Mr
@zGuz
I know you have or had business agreements and a SAFE (token) option/agreement with
@terra_money
but I think it would still be interesting to figure out what TFL and
@fleece_cannon
have been doing since Do Kwon has been away.
Yet the 90 day transactions reports show that TFL is earning 100s of 1000s on MEV Bots and farming the staking rewards from the Grant itself, but that's not considered revenue?
@MrDiamondhandz1
There is still 200M more $USTC that belong back in the Community pool. The funds were taken off-chain from the underwriting contract by
@riskharbor
between July 15th and August 11 2022 without governance vote or consent of the community.
These are the transactions:
@drew_osumi
@zachxbt
@VelodromeFi
It's not even remotely bad OpSec. It's just bad operations... I'd question the judgement of the entire management team for managing 6 or 7 figures of Team Funds like a cashbox at an strip mall All-you-eat Buffet.
4 charts, 4 narratives; match narrative to chart:
* Private ICF funding, Trillion Dollar global "real-world" market
* Team dissolved for Community Charter Gov
* Created by Billion Dollar Corp & 70% of supply given away
* Liquidity Hub for Multi-Billion Dollar Interchain ecosystem
@LatamData
@StatistaCharts
Another way to say this is Mexico and Mexicans have access impediments to free potable water and some large organizations involved in the distribution of bottled beverages have incentives to keep things that way.
@lurkaroundfind
@tweeterazzis
@astroport_fi
For me, this exploit again calls into question the general security concepts employed in the design and development of IBC.
If Terra not saying up to date can make Neutron an unwitting participant in the exploit then that creates a need for vigilance towards connected chains.