I wrote yesterday about a scheduled hardfork of Steem, which included "seizing the funds" of 64 accounts (in other words, stealing the tokens from those accounts). In that post, I also warned about what I thought it would be a "cold and frightening day" for the crypto world.
Luckily, it was the quite the opposite.
Let me explain.
The hardfork went through, in the sense that the witnesses adopted the new version of the Steem code. That version included the "seizing" too, which sent the tokens to an account called @community321. So, for a few good minutes, everything seemed to confirm that "doom and gloom": tokens were now in a different account, Twitter was full with angry people talking about how they've been robbed in plain sight, etc.
But then, surprise.
The @community321 account, the one holding the entire bounty, sent ALL the tokens to an exchange, namely @bittrex. And then it became obvious that the keys for that account were changed and, basically, the heist was hijacked.
Somebody stole from the thief.
Sending the tokens to an exchange was the only way to protect them, as it is quite difficult for anyone to steal from an exchange - or even claim the tokens, on the assumption that their account was "hacked".
Here's the transactions between the "Robin Hood", Bittrex and Justin Sun:
As far as I understand, the message in Korean sent by "Robin Hood" to Justin just after the transfer means "Stealing is bad".
As expected, once people realized what happened, the guy behind the @community321 move was praised for his exploit:
As far as I know, the intention is to return the tokens - in some form - to the original holders.
At the moment of writing, I have no idea who that guy might be. But I'd like to get to know him / her some day.
There is an ongoing funding proposal for two of my Hive-related projects, which will allow me to support some of the costs involved. If you want to support this proposal, all you have to do is to vote it using any of the two links below:
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I'm a geek, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Hive you may stay updated by following me @dragosroua.
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