Terra disclosed 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.
According to Terra, on May 28th, Jimmy (@stablejim) received 1,347,810.646 vesting $LUNA as a signer of the Interchain Incentives Multi-sig, which he redelegated to @LUNCDAO (a validator he’s personally associated with). Between May 29th and Jun. 6th, Jimmy claimed staking rewards from this wallet and sent them to a centralized exchange account. He subsequently returned these $LUNA staking rewards to the community on Jun. 11th. He was non-compliant in sending the vesting (illiquid) LUNA to the Community Pool, instead requesting to send these funds to a wallet controlled by LUNCDAO for the sake of furthering the Terra ecosystem
All Comments