Terraport Rugger Makes off with Additional 590 Million LUNC

The attacker of the Terra Classic-based Terraport platform has made off with an extra 590 Million LUNC, triggering claims of TerraCVita negligence.

reXx, an active Terra Classic (LUNC) community member, has revealed yet another shocking development in the ongoing Terraport Finance saga.

In a recent tweet, reXx expressed concerns about the team’s ability to address issues effectively, shedding light on the disappearance of an additional 590 million LUNC tokens from the stolen funds in the Terraport exploit.

Btw, the Terraport rugger made off with another 590M LUNC 4 days ago while I was on vacation.

Unsure if anyone took care of that. pic.twitter.com/GL9ZJYfHnc

— reXx™ (@CosmoSreXx) July 5, 2023

reXx noted that the recently lost funds were withdrawn four days ago while he was on vacation, leaving uncertainty regarding whether anyone has taken appropriate action to rectify the situation.

In a follow-up tweet, reXx disclosed that he would stop monitoring the addresses connected to the hack. He shared the six addresses in question with Danny Demi, another LUNC community member, revealing that he would delete them from his PC, as the task of monitoring them now rests on Demi.

Claims Against the Terraport Team

reXx had previously called out the Terraport team’s alleged misrepresentation of the situation, noting that over 800 million LUNC, equivalent to $88k, managed to find its way to the Tornado Cash router, which became irretrievable, as The Crypto Basic disclosed.

reXx raised concerns about the team’s ability to track stolen funds.

“If the funds were consistently monitored, then they would have been able to freeze those funds the moment it hit exchanges,” the prominent LUNC community member argued.

reXx urged current LUNC investors to question the actions of the Terraport team rather than blindly accepting its statements. He also invited scrutiny of the prolonged delay in completing the Certik audit, which has stood at 85% left for the past month. Such delays, according to CosmoSreXx, are highly unusual for audits.

Moreover, reXx voiced concerns about the expertise of Rexyz, a prominent figure associated with TerraCVita, the development team behind Terraport. He revealed that Rexyz possesses no technical background in IT, blockchain, or coding.

reXx further alleged that Rexyz made false claims regarding payment for endpoints and support of Terra Station, stating that only a single payment for endpoints had been made, with Allnodes covering most of the costs.