Oops! Compound DeFi Platform Gives Out $90M, Would Like it Back, Please

The Compound cryptocurrency exchange accidentally botched a platform upgrade and distributed millions in free COMP tokens to users – then threatened to dox the recipients.

Compound, an Ethereum-based decentralized finance (DeFi) platform, accidentally gave out $90 million to its users in a botched upgrade. Now, the owners would appreciate it if they gave it back. Compound might even be willing to throw in a 10 percent “reward,” it said.

On the flip side, those who don’t return the money could be doxxed (i.e., have their private information published online), or be reported to the Internal Revenue Service, Compound’s founder and comptroller Robert Leshner threatened over Twitter.

If you received a large, incorrect amount of COMP from the Compound protocol error:

Please return it to the Compound Timelock (0x6d903f6003cca6255D85CcA4D3B5E5146dC33925). Keep 10% as a white-hat.

Otherwise, it’s being reported as income to the IRS, and most of you are doxxed.

— Robert Leshner (@rleshner) October 1, 2021

After getting roasted as a “loser,” “moron” and frankly, far worse, Leshner apologized, but the damage seemed to have already been done among the crypto community.

“Cooperation with the Feds goes against everything crypto stands for,” a user

Read More: https://threatpost.com/compound-defi-platform-90m/175321/