Robert Leshner, founder of Compound Labs is threatening users who have received unreal amount of COMP tokens due to a Compound protocol error, to return it Compound Timelock. He says users can keep 10% as white hat reward for being a nice person.
Crypto twitter is not taking this tweet lightly as Robert is also warning users that he will doxx them to rest of world. This means, he is threatening to report people to the IRS where they pay taxes on a large amount or they return it and have to pay taxes anyway on a much smaller amount.
This is clearly the worst way to handle a hack or a protocol error. What if a user is not following all the drama and just deposited in your protocol to come back in a long time and received funds from a bug in the protocol, Compound Labs is going try to harm them by reporting them to IRS.
>IRS audits you because leshner joined the whistleblower program >they find the other airdrops you didn’t claim >leshner keeps 30% of your tax owed as part of the whistleblower program >buys a new lambo >gets his comp back >buys another lambo >You go to jail for tax evasion pic.twitter.com/2DCZingYaz
Some users have received million dollars world of COMP which they have gladly dumped on Uniswap, a decentralized cryptocurrency exchange. So, is it illegal to keep the free COMP? Well, technically it is not. COMP is a decentralized platform and protocol minted free COMP tokens to them unintentionally, which is why users are getting empty threats from Founder of Compound Labs.
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