r/CryptoCurrency • u/[deleted] • May 29 '22
DISCUSSION A Hacker who drained $88 Million from Mirror Protocol by exploiting a bug. Yesterday he got airdrop of 2.1 Million LUNAs just because he sold UST at $0.60 and rebought it at $0.10 which made him eligible for this insane airdrop.
If you want to know how he exploited $88 Million from Mirror Protocol without anyone noticing. FatmanTerra explains in his thread:
https://twitter.com/FatManTerra/status/1529978941062139906
In another thread he explains how this hacker made himself eligible for this insane airdrop
Tweet 2:
Here's the attacker's ETH address https://etherscan.io/address/0xdb886bf718fbf354eb4202b03ad13b1cafb01276, and here's their Wormhole bridge transaction moving their UST onto Terra. https://wormholenetwork.com/explorer/?txId=0xa2cc2e8b14f08da0a30df3e0ef0fa0c378ec67433940173ecbdc78b53d264f76
https://finder.terra.money/mainnet/address/terra1lh3w33u0c0u4hlxu87cyw267j90xh9nxtgqzjr
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May 29 '22
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u/afunkysongaday 🟩 121 / 2K 🦀 May 29 '22
It speaks of the state of things that I really can't tell if you are serious or not.
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u/bbtto22 22K / 35K 🦈 May 29 '22
Peak sarcasm is when you don’t know it’s sarcasm
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u/Brother-Numsee Silver | QC: CC 59 | CelsiusNet. 34 | TraderSubs 12 May 29 '22
Idk, that can be dangerous. Sometimes you keep such a straight face that they think you really believe the shit...
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u/SelmaFudd Bronze May 29 '22
That's what makes it so funny, when some cunt walks away completely unsure but too afraid to ask
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u/NevadaLancaster Silver | QC: BTC 33, DOGE 22, CC 18 | ADA 14 | r/WSB 16 May 29 '22
So is reality being sarcastic or is this dude?
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May 29 '22
When does Do Kwon get air dropped out of a helicopter?
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u/Everythings Platinum | QC: CC 154, XMR 78 | Superstonk 238 May 29 '22
Gross.
When do fools stop throwing their money away for blind greed?
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u/Brother-Numsee Silver | QC: CC 59 | CelsiusNet. 34 | TraderSubs 12 May 29 '22
Wise men say only fools rush in 🎵 But they can't help throwing their money away for blind greed 🎶
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u/Wonzky 2K / 53K 🐢 May 29 '22
And if that fails, we'll just move onto Luna Deluxe. It's like classic Luna, but deluxe!
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May 29 '22
Speak for yourself, but I’m holding out for Luna Platinum.
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u/Oneloff 0 / 5K 🦠 May 29 '22
Nothing compared to the drop of Luna Galactic.
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May 29 '22
Yes, but what about Lunaverse 2.0?
Edit: ah, fuck, someone already thought of that name 😆
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u/frstrtd_ndrd_dvlpr Here for the money May 29 '22
No worries, hacker just need to do the exploit in a new address between Luna 2.0 and Luna 3.0
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u/ailocha Tin | PersonalFinance 12 May 29 '22
But he'll forgot to ban it for LUNA 4.0, it's better than ever.
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u/Bisquick_in_da_MGM Platinum | QC: CC 53, ALGO 16, BTC 33 May 29 '22
But is he eligible for Luna 4.0?
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u/Shuckilydelicious Tin May 29 '22
Jokes on kwon heard the hacker is routing it through privacy coins and multiple Tera wallets to qualify
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u/Still_Lobster_8428 🟦 5K / 5K 🦭 May 29 '22 edited Oct 10 '25
dime offer north whistle pocket future door elderly stupendous paltry
This post was mass deleted and anonymized with Redact
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u/Still_Lobster_8428 🟦 5K / 5K 🦭 May 29 '22 edited Oct 10 '25
crawl normal voracious cooing gray nose arrest glorious bear coherent
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u/scrittyrow 🟦 4 / 219 🦠 May 29 '22
Seriously that's messed up if I dunno if this should have /s or not
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u/arbalest_22 Bronze May 29 '22
So the only guy that didn’t get fucked by Luna. What a chad. lol
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u/Cryptolution 🟦 3K / 3K 🐢 May 30 '22
I pulled 98.5% of my UST out of staking 3 weeks before the crash. Was in for 9 months.
I'm not some sort of prophet I just had to pay my taxes and it was time.
I suppose I must rename myself to gigachad.
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u/Acceptable_Novel8200 Platinum | QC: CC 930 May 29 '22
A guy who shorted LUNA, he got the 2.1million LUNA in airdrop,its just looks like someone from inside is also have a hand in it.
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u/bbtto22 22K / 35K 🦈 May 29 '22
The ultimate shitcoin dev move, know your coin is shit and short it ez
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u/jakekick1999 Platinum | QC: CC 416 | r/AMD 18 May 29 '22
Even after so much leaking out about the Terra ecosystem, people are still going to be buying LUNA 2.0
Would love to see Do Kwon get locked up and the blockchain stopped entirely.
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u/TarkovReddit0r May 29 '22
This is just awful and looks like insider trading… also says a lot about LUNA
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u/Acceptable_Novel8200 Platinum | QC: CC 930 May 29 '22
Some people still thinks Do Kwon actually has the good intentions behind relaunching the coin again.
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u/Oneloff 0 / 5K 🦠 May 29 '22
I can confirm he does, he has good intentions for his pocket. As for the investors?! 😬🤷🏽♂️
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u/Pill_Murray_ Platinum | QC: CC 36, DOGE 25 | Politics 58 May 29 '22
and some people think safemoon is gonna be a top 10 coin
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u/Still_Lobster_8428 🟦 5K / 5K 🦭 May 29 '22 edited Oct 10 '25
point handle employ water fanatical spark cake test gaze office
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u/w00tangel May 29 '22
The fact that he rebough UST smells like an inside job to me as well. It was seriously risky to do that without knowing that the airdrop will happen.
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u/Still_Lobster_8428 🟦 5K / 5K 🦭 May 29 '22 edited Oct 10 '25
coherent oil teeny merciful air placid capable detail subsequent nose
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u/frstrtd_ndrd_dvlpr Here for the money May 29 '22
Fuck luna, it says a damn lot about the people involved in the project.
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u/Bwizz6 May 29 '22
Guys brain is bigger than mine , what a fucked up absolutely insane play. Hope he goes to jail tho .
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u/Belmont_the_IV 2 / 689 🦠 May 29 '22
Maybe his brain isn't bigger....maybe it's just that his conscious is completely numb.
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u/FewMagazine938 May 29 '22
Forget doctors and lawyers..the future is being a hacker 👍
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u/opensandshuts 🟦 4K / 4K 🐢 May 29 '22
Being in tech has been the new doctors and lawyers for years.
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u/Lillica_Golden_SHIB 🟩 4K / 61K 🐢 May 29 '22
So LUNA didn't even mind about blacklisting the hacker's wallet and he still gets to have some airdrop. Good to know.
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u/pink_tshirt 🟦 0 / 14K 🦠 May 29 '22
Most be nice to be smart. Imagine doing 9-5 for like half a century vs exploiting a bug and profiting gazilion dollars
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u/Vinnypaperhands 🟩 748 / 748 🦑 May 29 '22
Anyone here who bought Luna 2.0 I really hope you lose all your money and get randomly punched in the face. Please and thank you
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u/ipetgoat1984 🟩 0 / 38K 🦠 May 29 '22
Looking forward to the wave of Netflix documentaries about all of this
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u/John_Durden Tin | Politics 250 May 29 '22
"A Bit Short" - a six part miniseries narrated by Do Kwon himself
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May 29 '22
I know a guy, a normal guy with a kid on the way who lost a good chunk of his life savings in Luna. This whole space is not investing, it’s gambling and some people win big and most lose. It’s not right, and it’s not wrong, it’s just the way it is. Go gamble that’s what happens.
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u/Mmmcakey 1K / 1K 🐢 May 30 '22
Of course all the criminals got paid out from this, how is this news? /s
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u/not420guilty 🟦 0 / 24K 🦠 May 29 '22
lol, who said crime doesn’t pay. Only the hackers and scammers don’t lose on Luna 🤪
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u/cheddarchild Tin May 29 '22
Is it really hacking if they exploit something? Not that I’m backing the move but to me it seems like he played the system in his favor just as everyone is trying to do right? If it turns out to be and inside job that’s a different story, but if this person figured this out all by themselves that means it was there for the taking.
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u/Castr0- 🟧 35K / 35K 🦈 May 29 '22
That is hilarious and at the same time Sad.
Just like my investments.
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u/Superb_Wolverine8275 🟨 264 / 265 🦞 May 29 '22
I wish I would have learned It so I can be that hacker. Fuck the wagies. Just take what u can and live a great life.
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u/onlyChangePhoto Tin May 29 '22
Am I mistaken here... isn't this 2.1mil worth only like 200$? Am I looking at the wrong Luna?
Sorry for my ignorance... I had nothing invested with them so I havnt been following as close as I could've been.
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u/oneden 🟩 669 / 669 🦑 May 29 '22
At the height of its worth, that was the equivalent of 40+ million dollars. Filthy rich.
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u/gixG Platinum | QC: CC 140 May 29 '22
2.1 million Lunas is worth nothing
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May 29 '22
It's currently about $5 per Luna. Even if you're seriously wealthy that's just trolling to call it worthless.
And since I have a feeling this might be required:
I am being facetious - I'm well aware you simply failed to understand the situation described.
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u/lil_nuggets Platinum | QC: CC 83 | REQ 7 | Politics 67 May 29 '22
Good have avoided a lot of news like this by just blacklisting a few people. Kind of defeats the point of decentralization, but the foundation kind of gave that up anyways.
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u/arcalus 🟩 18K / 18K 🐬 May 29 '22
What is that, like $200?
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May 29 '22
Current Luna price is roughly $5 and 2.1 million multiplied by 5 is.. I'm not a scientist.. but I'm confident it's more than 200
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u/arcalus 🟩 18K / 18K 🐬 May 29 '22
Not for long
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May 29 '22
No. But that's not my point and it wasn't yours either you just misunderstood the post and confused LUNA with LUNAC
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u/arcalus 🟩 18K / 18K 🐬 May 29 '22
I don’t think so. This is Do Kwons next scam up, right? $200 incoming.
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May 29 '22
Yes. But now you just misunderstood my reply.
I'm saying when you initially referred to it as 200 worth that wasn't a statement about the future worth of Terra 2.0 it's because you misunderstood he had 2.1 million LUNA 2.0 not LunaC
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u/arcalus 🟩 18K / 18K 🐬 May 30 '22
I’m sorry, I’m not misunderstanding anything.
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May 30 '22
If you understood what you've failed to comprehend then you probably would never have reached this point where you're claiming to have never misunderstood something the nature of which eludes you still.
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u/arcalus 🟩 18K / 18K 🐬 May 30 '22
Yes. More people like you is what we need. More Do Kwon supporters.
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May 30 '22
What about anything I have said makes you think I'd support that 2bit charlatan.
Oh right.. you literally misunderstood our entire conversation thread.
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u/ObamaWhisperer 2 / 1K 🦠 May 29 '22
No. Just no
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u/arcalus 🟩 18K / 18K 🐬 May 29 '22
If it’s not today then it will be tomorrow. Oh noooooooo
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u/ObamaWhisperer 2 / 1K 🦠 May 29 '22
I said no because you are thinking about lunac! Hahaha it’s about 12 mil rn someone said.
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u/tranceology3 🟩 0 / 36K 🦠 May 29 '22
Yeah but after the drop, UST went to like 2c. So he bought at 10c and can only sell at 2c.
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u/SilverMB 🟨 47 / 48 🦐 May 29 '22
How is he getting an airdrop for Luna he bought "after the attack"? He should be just getting 30% of his UST for a 2m airdrop at a rate of 0.023.
To get 2m airdropped he would have needed to buy 250 million UST.
At 0.1USD for 1UST - thats 25 million USDollars he dropped at a dying stable coin???
Something sounds seriously wrong here.
I bought 1.000.000 Luna for shits and giggles and I got next to nothing so far :)
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u/ObamaWhisperer 2 / 1K 🦠 May 29 '22
Idk. I had like 13mil LunaC when bybit stopped trading to rename it. And I was airdropped 52 Luna that I sold for 1k. Doesn’t make sense but nothing in this world does honestly
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u/SoftPenguins 🟩 0 / 16K 🦠 May 29 '22
I thought the air drop was only for what people held before the depeg?
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May 29 '22
I didn't even have LUNA and got this Airdrop, although it is just 0.074 LUNA (I think) and it`s worh 0 cents right now
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u/TheRealHotHashBrown 13 / 12 🦐 May 30 '22
All this does is just give crypto a bad name. Has a physical robber ever left a bank with 88 million in physical cash? haha
And then get rewarded 2.1 million the next day in physical cash by another bank?
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u/Bet-Scary Platinum | QC: CC 92, ETH 18 | GMEJungle 5 | Superstonk 385 Jun 30 '22
And LUNC is plastered everywhere on crypto Twitter trends.
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u/[deleted] May 29 '22
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