Hdr_About.jpg

Detail Analysis

link.png

Date:

Status:

Count:

Contributor:

May 4, 2022

info.png

Verified

1

zerofriction.io

Loss Amount:

36,000,000

info.png

Recovered Amount:

-

Currency:

Dollars, JUNO

KYC By:

Audit By:

None

None

info.png

Key Indicators

Platform:

Type:

Category:

Method:

Cosmos

Network

Assets

Poor Governance

Extended Method:

Accidental burn, sent to incorrect address (TX hash)

Data Sources:

info.png

Juno is an open source platform for interoperable smart contracts which automatically executes, controls or documents a procedure of relevant events and actions according to the terms of such contract or agreement to be valid & usable across multiple sovereign networks.

Juno blockchain made an unprecedent community vote to seize back millions of dollars of JUNO tokens from an investor who was accused of gaming the airdrop. However, as fate would have it, the seize tokens were sent to a transaction hash instead of the community address resulting in immediate and permanent loss of the transferred funds.

According to the whale from which JUNO seized the funds:

1. There was bug in v4.0.0 source code. Targeted destination byte address is not the Unity Contract Address, but its instantiated TxHash.
2. As the Unity Software Upgrade, the fund was transferred to the different address generated from the TxHash byte.

info.png

DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.