• 05 July, 2024
News

EtherDelta Smart Contracts Hold $42M+ in Assets: Coinbase’s Conor Rogan

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.

Source: Conor Rogan Twitter (@jconorgrogan)

He cautions, most of which I think people simply forgot about.

Sharing the breaking news, Conor Rogan tweeted:

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.

Source: Conor Rogan Twitter (@jconorgrogan)

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.”

Source: Conor Rogan Twitter (@jconorgrogan)

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.

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