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RE: ⚠️A few Hive and GLS community members colluded to steal more than 250k USD // Biggest theft since Justin// The GLS exploit explored

in LeoFinance2 years ago

You can read more in the discord chat, deepdives. Around March 11. They admit it openly. They start by bragging and later Genepool apologizes on his blog. Oliver doesnt. Theyre really not hiding anything and have no need to defend themselves since the GLS team will not take any actions against their accounts.

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This is the beauty and curse of decentralization. You don't want people to have centralized authority to do anything to anyone but you also don't want criminals to get away with crimes.

I can understand the teams decision. Still plenty the community can do.

Having them seen for what they are makes it more likely they never pass a single DAO proposal, no dapp they make ever gets any support from the community and they receive no Hive rewards.
Thats at least something.

Knowing the accounts involved, they have mostly already checked out long ago.

Even decentralized systems have a form of government. In fact, if the community asks that they should be penalized in some way, the GLS team should take action, otherwise they would be making the decision that seems to them and that sounds like centralization to me.

I see Gene's post. I haven't seen it before.

Disgusting

I refused to use splex after they continued to stay hitched to the archmage bot. I wasn't particularly thrilled that community proposal voting was setup there. It doesn't surprise me that an organization that has direct support for an exploit (automation) would branch out into other means, and doing so while ingratiating themselves with the community. Clearly not the actions of a white hat...

I and many others will not support any project associated with any of the members. This has negatively impacted splex already and therefore Yixn (spelling?)