EtherDelta’s smart contracts are still operating, per Conor Rogan, Director, Coinbase. EtherDelta is one among the first “DEXs” (or decentralized exchanges) to be launched in 2016. Rogan states EtherDelta’s front-end got closed down after its founders were caught in 2018 by the United States (U.S.) SEC (Securities and Exchange Commission).
Rogan states EtherDelta still, to this day, holds $42,661,408.89 in assets.
He cautions, most of which I think people simply forgot about.
Sharing the breaking news, Conor Rogan tweeted:
Etherdelta, one of the first "DEXs," was launched way back in 2016. The front-end was shuttered in 2018 after the SEC cracked down on the founders, but the smart contracts still operate.
— Conor (@jconorgrogan) February 4, 2023
Today they still hold $42M in assets, most of which I think people simply forgot about pic.twitter.com/snmMzmuRFv
Rogan states prices were not much high at the time, that even a few ETH depositing users might not actually remember by now, or would think “the SEC seized the funds.”
He gave an example of one Griff Green (@thegrifft), founder, Giveth—building the future of giving using Blockchain technology. Rogan states Green’s 23 ETH are found by him in the EtherDelta smart contract.
Rogan advises Green that the latter “can still withdraw via contract.” Rogan estimates Green’s ETH would be approximately worth $600 at the time of the deposit.
Conor Rogan goes on to mention that 1200 people still have 0.1+ eth stored in the zombie smartcontract including starman.eth, elmany2025.eth, suiram.eth, geleeroyale.eth, warneke.eth, sridharp.eth, detrust.eth, and unigambit.eth.
He advises “if you or your friends used EtherDelta check it out! You might have a payday coming.”
Reportedly the United States government asked the 2017 EtherDelta hack (costing $1.4 million) victims to come forward in May 2021. The Office of the United States Attorney and Secret Service request comes after the 2019 Anthony Tyler Nashatka (“psycho”) indictment.