A proposal has been submitted by senior member Rex "Rexyz" Harrison of TerraCVita to lock up an estimated $2 million of the funds stolen from the Terraport hack by implementing an emergency code upgrade to the Terra Classic (LUNC) chain. The proposal aims to prevent the perpetrators from moving the funds from the blockchain, potentially preventing the assets from being lost completely if taken off the chain. If the proposal is approved, TerraCVita plans to submit a follow-up proposal to explore options for reimbursing the affected users. However, the Terra Classic community has responded negatively to the proposal, with the majority of votes going to "No with Veto." Some members argue that a private group's mistake should not be fixed by calling on the broader Terra Classic community, while others maintain that it is crucial to guarantee that affected individuals receive their stolen funds, regardless of who is to blame for the event.

(By ALBERT BROWN)