New Terra (LUNA) Network Again Scam: Disappeared with Coins!

Terra (Luna) The network accused a community member of unfairly not returning tokens it airdropped.

Terra (LUNA) Management Exposes User Unfairly Claiming to Have Airdropped

The decentralized finance (DeFi) platform built on the Cosmos network announced in a series of tweets that Jimmy Le refused to return the funds entrusted to him to the pool.

According to Terra, prior to the launch of Phoenix-1, extensive indexing work was done to ensure the right amount of LUNA tokens were airdropped to every user of the network.

However, an error occurred with CW3 multi-sig wallets and two wallets holding large amounts of LUNC and USTC on behalf of the community were not blacklisted. As a result, individual buyers of these multi-wallets received LUNA airdrops they shouldn’t have.

1/ Dear Terra Community,

For transparency, we would like to bring your attention to an issue regarding Jimmy Le (@stablejim), a community member who was entrusted with Terra community funds but has now refused to return funds gained from this entrustment to the Community Pool.

— Terra 🌍 Powered by LUNA 🌕 (@terra_money) January 5, 2023

To fix this issue, the airdropped earned and vested LUNA had to be returned to the Community Pool by each multi-sig signer who obtained it incorrectly. All signers except Le returned 100% of the LUNA they received in the Genesis airdrop.

On May 28, Le signed 1,347,810,646 LUNA your altcoin It was airdropped.

On May 28, Le received 1,347,810,646 vested LUNA as an Interchain Incentives Multi-sig signer. He then re-stakes these tokens to a validator named LUNCDAO and receives the stake rewards from the wallet that he sends to a central exchange account. Le returned the stake rewards to the community on June 11, but refused to send the airdrop tokens to the Community Pool.

Terra said in a statement that Jimmy Le had to disclose this person because he did not return the airdrop tokens that he had unfairly obtained.

*Not investment advice.