White Hacker Group to Claim $4.4 Million in Controversial DAO Refund

[jamie.redman1]

More controversy surrounds the infamous Ethereum-based Decentralized Autonomous Organization (DAO) project which raised US$150 million last year. It seems victims of last summer’s DAO hack have until April 15 to withdraw DAO-to-Ethereum Classic (ETC) refunds, and there is still $4.4 million worth of tokens left at the address in question. The issue some have contention with, is that the remaining funds held in the contract will be donated to the White Hat Group (WHG).

After the hard fork, a series of three DAO refunds took place for investors who still held DAO tokens. The last refund is the DAO to ETC contract that gives balance holders until April 15 to claim their reimbursement. Those involved with the refund have notified the public via blogs and social media forums, like Twitter and Reddit, with the following statement:

The DAO to ETC refund contract has an end date of April 15, 2017. There is still 1,717,513.0888 ether (USD $4,482,709.16) remaining to be withdrawn.

Read More Here >>> https://news.bitcoin.com/white-hacker-g ... ao-refund/