Yes, it is sus that they had 50 (at least wallets) each with 50K ATOM, which conveniently turned out to be exactly the whale cap for the airdrop. They really do seem to have stuffed up by combining the stake in one wallet. Also, the timing of that appears to have been strategic, waiting till after JUNO had been listed on Osmosis and trading meant the chain could not simply be relaunched/rolled back.
On the flip side, if governance decides it is happy to zero (well 50k actually) a wallet for this reason, what other reasons may they consider in the future to be valid?
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