A hacker who used a flaw to siphon $88 million from Mirror Protocol. He received a 2.1 million LUNA airdrop yesterday just because he sold UST at $0.60 and rebought it at $0.10, making him eligible for this incredible airdrop.
He describes how this hacker became qualified for this ridiculous airdrop in this thread.
Fun fact: remember the Mirror attacker who drained $88m from the short contracts without anyone noticing? He got a nice little drop as well - 2,129,681 LUNA. Credit to @tang93313745 for pointing this out to me! (1/4) 🧵
— FatMan (@FatManTerra) May 28, 2022
Here's the attacker's ETH address https://t.co/7L9aeE38TF, and here's their Wormhole bridge transaction moving their UST onto Terra. https://t.co/ACzN1lXCu1 (2/4)
— FatMan (@FatManTerra) May 28, 2022
You can see their new LUNA sitting right here - a nice little reward for stealing money from thousands of Mirror users & locking their funds, causing them millions in losses. https://t.co/fkZh0rnQ1V (3/4)
— FatMan (@FatManTerra) May 28, 2022
Interestingly, this wallet sold their UST just before seigniorage was turned off (around the $0.60 mark). They then rebought around the $0.10 mark. This rebuy then made them eligible for this huge airdrop. Pretty good timing, I'd say. (4/4)
— FatMan (@FatManTerra) May 28, 2022
