Post-match to the DAO Hack - how is it going on?

What happened to the thief after the DAO hack? This is a question that is to be avoided even now, weeks after the great theft.

Requests from CoinDesk suggest that the Ethereum community ultimately abandoned the search for the criminal individual or group - the money is now finally reimbursed.

Let us remember: the DAO hack motivated a large part of the Ethereum community to the Hard Fork. The idea was that all Ethereum users would quickly switch to the new fork so that the DAO attacker would sit on his now worthless coins.

Two weeks went into the country and Ethereum Classic - the Ethereum without Hard Fork - has one Market capitalization of 200 million dollars. The market has given the value of the fifth-largest digital currency to the tokens, which ran under the abbreviation ETC.

This development is interesting not only for investors and traders, but also for the DAO hacker ...

So you can ask yourself if and when the hacker wants to sell his values ​​stored in ETC.

He suspects, but admittedly without more detailed investigations, that the attacker was not a circle of curators. He had to open another DAO to transfer the funds to control them.

In the same interviews the desire to bring the DAO hacker for his profit is explained. More than wishes there are often not.
Continue to Rabbit Hole

In total, ETH is worth about 17 million dollars in two White Hat DAOs. It is still unclear how to sell these values, who is behind the respective DAO, and whether any efforts are made to involve the original tokenholder. Ethereum Lead Developer Fabian Vogelsteller and UX designer Alex Van de Sande both said they do not know what to do with the resources or who owns the private keys. In the end, however, there is no interest whatsoever on the post-hard fork blockchain.

According to them, the hacker will get away with his stolen property. Van de Sade comments: "I do not know what will happen to the White Hat DAOs. The people behind the Dark DAO came out with a lot of Ether Classic. And that's what happened at Ethereum Classic, right? "For the hacker, the Ethereum Exchanges remain as a possible final boundary between the funds and their profit. There are problems, though: Exchanges can easily exchange money into the currency of choice, but the hackers will disrupt the AML and LYC rules. According to Tristan D'Agosta, the founder and CEO of Poloniex, the hacker's next step would be the conversion of ETC into BTC. If, however, movement comes into these funds, the attack will have trouble concealing itself - which becomes difficult on a public blockchain. Kraken, the second largest Ethereum Exchange, did not want to answer the questions.

How is the DAO hack going on?

There are different theories about the possible next steps of the hacker. Last week, one could see movement in the DAO, which suggests that the hacker has come a step closer to his goal.

Also with the White Hat DAOs it remains exciting: According to one source, there are plausible theories about who owns the associated private keys. However, he does not want to name any names. While on many sides there are efforts and the desire to stop the hacker, the fate of millions of dollars for Arvicco, the initiator of the Ethereum Classic Project, does not matter much. He does not know what is happening with the Dark DAO and it does not interest him either.

"According to our philosophy, ETC developers focus more on the platform itself and do not interfere with the DAPP / smart contract layer. "

BTC echo

Source: The DAO Hacker is getting away via CoinDesk