The collection of white lid hackers, calling themselves the Robin Hood Group, apparently attempted to dump DAO funds they held inward ETC inward an endeavor to undermine the cryptocurrency past times crashing its price. ETC Dumped By Group Potentially Tied to Ethereum Foundation
The Robin Hood Group (RHG) was originally formed to benevolently hack the DAO to secure the remaining ether within of it. The collection of hackers stole the funds alongside the stated purpose of keeping the ether prophylactic until afterwards the hard-fork, which was implemented to both contrary the hack too gear upward the loophole that allowed the hack to grade off inward the kickoff place.
This was an human activity that many inward the community would probable consider noble too good. However, spell it could sure hold upward argued that these do-gooders’ pre-fork actions deserve to hold upward lauded, whatever parades that were planned should likely hold upward postponed.
Some tidings is coming out that these same people made to a greater extent than or less shady decisions afterwards the fork. The means inward which the white lid hackers “secured’ the funds was past times placing them inward fry DAOs. After the fork, these fry DAOs remained on the ETC chain, which manifestly the master copy hacker is instantly working his means through to find to a greater extent than or less of the funds he lost afterwards the fork.
Anyway, at to a greater extent than or less indicate these funds ended upward on unlike exchanges. Influenza A virus subtype H5N1 large sum of ETC was transferred across a multifariousness of exchanges, alongside 2.9 1000000 etc ending upward on Poloniex, to a greater extent than or less on Kraken, to a greater extent than or less on Bittrex too to a greater extent than or less on Yunbi. While Poloniex too Kraken froze these funds fairly quickly, the other 2 exchanges, Bittrex too Yunbi, did not.
Dumps on both platforms occurred at the same time, tenth of August at 8 AM (GMT+2). These all-out dumps created to a greater extent than or less complications for the sellers, too to a greater extent than or less debate that it was simply an endeavor to crash ETC’s cost that failed.
This belief seems to hold upward justified past times the fact that quite a few within the Ethereum Foundation squad were a usage of the Robin Hood Group.
Images Courtesy of Ethereum Classic, Alex Van De Sande
