Crazy times, I heard about it on Youtube from Dwayne Cunningham a while ago. They had a lengthy talk about it. If more people would have been on guard, they could have not pulled that off. They had to buy off the whole market for a short time while doing their transactions. I think the "Steemmonster Inc" team knew of the risk and just decided to not act from the very beginning. Other whales could have abused that situation to drop GLX into those buy orders.
Deeper POOLs for arbitrage bots would probably also have done the job.
Everything too large for my capabilities, whale games.
I havent found any indication that the team somehow knew about this. Do you have any source for that?
Yaba said in the townhall that it was an exploit and that the actors acted maliciously.
Wow it comes from a vocal citation, I'd have to go back and watch the whole video again. Maybe Dwayne might know more details, w88888888888 I'll try
--- Timeleap ---
Some guy "Dark.Star" in his videos is saying that it was a matter of "when" and not "if".
that was the video. But I imagine you can't bring a bunch of people together for such a move in a super nitch community without somebody calling the shots. Is it clear right now who was spearheading?It looks like Genepool was spearheading all of it. You can see transfers going out from his account to the others in the screenshot. That only accounts for a smaller part of the stolen funds.
Wow one of them is a community leader? That is bewildering.
A community leader doesn't imply they have any authority or integrity.
Yeah, i think they vote you in or something like that.
Its literally like having sheep vote in a wolf to be their shepherd.
That is what it is.
Yes the team was made very aware of it. Receipts available.
Not trying to be conspiratorial but there may have been a short sighted or accidental benefit from just an increased number of pack sales or just additional funds received pack sales.
I lean towards laziness rather than evilness.