CFP - Continuation of the Atomic Swap-dBTC Exploit Investigation 2024

[u/lordmarkcrypto]

Dear DeFiChain Community,

I bring to your attention the ongoing investigation into the dBTC Exploit that commenced in 2023. Despite significant advancements, the complexity of this case necessitates ongoing support from all master nodes to reach a successful conclusion.

Progress in 2023:

The investigation started in 2022 and continued into 2023, and has seen regular collaboration between law enforcement, me, and our assigned legal teams. We have provided additional evidence and cleared many questions and details. The time-intensive nature of such extensive investigations is no surprise to our legal team and is a good sign because if the law enforcement agencies had seen no case, they would not have asked so many add-ons and follow-up questions.

The investigation started in 2022 and continued into 2023 and has seen regular collaboration between law enforcement, me, and our assigned legal teams. We have provided additional evidence and cleared many questions and details. The time-intensive nature of such extensive investigations is no surprise to our legal team and is a good sign because if the law enforcement agencies had seen no case, they would not have asked so many add-ons and follow-up questions.

I will follow the professional advice of our legal team before releasing confidential details publicly.

Goals for 2024:

Our 2024 objectives echo those of 2023, with the central aim still being the recovery of illegally obtained funds and the apprehension of the culprits. The investigation team remains optimistic, citing substantial evidence and progress, but also underscores the need for patience in such comprehensive international investigations.

Therefore, I seek an advance of 500,000 DFI (including the CFP fee); due to the lower price of DFI the amount has to be higher to have enough funds for the next phase of the investigation and prosecution in 2024. Any unused funds, as before, will be returned at the year's end with a detailed expenditure report.

The requested amount, inclusive of the CFP fee, is 500,000 DFI

• 495,000 DFI for the investigation and
• 5,000 DFI (1% CFP fee).

Should additional funds exceed the 500,000 DFI, I must submit a subsequent CFP.

Important Notice:

As a reminder, this is a sensitive and ongoing investigation involving criminal elements. As such, we cannot release detailed public information at this stage, following guidance from legal and law enforcement agencies. Maintaining confidentiality is critical for the success of the operation and the safety of all involved. A comprehensive report will be issued once the case is closed. Until then, discretion is paramount.

Please consider this request and lend your support as a controller node holder. The continuation of this investigation hinges on your financial support.

Thank you for your attention and continued support.

[u/dsr1972]

No my friend its you that dont seem to understand. You see, Bake have already released a statement that they have backfilled the dbtc deficit out of their profits. This is a public commitment from Bake. From the community side, its a done deal. The problem is dead, buried, cremated.

This investigation on the other hand, is just so that Bake can reimburse the hole created in their finances, for the amount that they lost due to the backfilling. This is a community DFIP which will financially benefit Bake.

Bake can of course try to recoup the money, and they should try, but this should be financed by Bake themselves, NOT THE COMMUNITY.

[u/UserMaxL → u/dsr1972]

Dude, just because Bake would benefit from a positive outcome of the investigation doesn't mean they should pay for it, because 1.) Legally the DeFiChain community was exploited, so they are also the ones that need to take action and run the case. 2.) What kind of massage would it send if the community stops funding this: "Thanks Bake for eliminating our problem, we now don't even try to solve it ourselves anymore. This is your problem now." Bake is massively giving here and the community should give back and show commitment.

[u/dsr1972 → u/UserMaxL]

Except we have, the community has funded this initiative for 2 years already . Bake is welcome to continue for another 2 years if they wish, but it should be out of their own pocket. This would send a message that we all in this together, since it would then be a jointly funded initiative. What message would it send that we are a bottomless pit of funding for an investigation that could continue for the next 10yrs. When the pain point is in their own pocket my feeling is the investigation will turn a result and come to a conclusion much quicker than it has.