You are viewing a single comment's thread from:

RE: Ongoing attack on TheDAO - ETH draining from the pot

in #thedao8 years ago

Draining the funds to where?... Can this attacker even spend those split ETH? Doesn't he have to wait like 15 years before he can untangle those ETH from the DAOs convoluted web?

I'd wait to see how this plays out before declaring the DAO dead just yet. It looks to me like a ploy to panic the market and buy cheap DAO.

Sort:  

The funds are drained from the ETH that investors have send into the DAO. Technically, the attacker could have sent them all to poloniex but for whatever reason, he decided to put them into a DAO itself that made the obtained ETH illiquid.

I bet he is buying cheap ETH's and DAO's from another account we will never find out!

Coin Marketplace

STEEM 0.20
TRX 0.15
JST 0.030
BTC 64876.28
ETH 2650.41
USDT 1.00
SBD 2.81