On Wednesday, decentralized finance (DeFi) detective Zachxbt published a protracted thread on Twitter about TreasureDAO’s front-end engineer Simply Cheese, or JC, and his alleged previous involvement in a number of nonfungible token (NFT) tasks. According to its white paper, TreasureDAO is a “decentralized NFT ecosystem on Arbitrum that’s constructed particularly for metaverse tasks.” Listed tasks use the ecosystem’s native token, MAGIC, for transactions, with TreasureDAO governing the emission of MAGIC.
As instructed by Zachxbt, the story started when JC shared his pockets tackle within the TreasureDAO Discord final November. The DeFi detective then claimed to have backtraced a key collection of inflows, totaling 134.66 Ether (ETH), into JC’s pockets to a number of NFT/token tasks, together with however not restricted to Mutant Cats, ZombieToadz and Yuta/YYYY — all tasks that Zachxbt says went quiet after launch.
In an official announcement within the TreasureDAO Discord, the mission workforce supplied the next clarification:
“From what we perceive, Cheese did some UI/FE work for a number of tasks created by these dangerous actors on a contract foundation whereas breaking into web3, however they deserted the tasks lengthy after he’d already delivered and had been paid for his work. The DAO can’t touch upon the main points of the work because it was exterior of Treasure.”
The workforce went on to say:
“We will touch upon his [JC’s] efforts whereas at Treasure, which has been wonderful, contributing to all of the UI/FE for TreasureDAO websites and merchandise thus far.”
Zachxbt is thought within the blockchain neighborhood for his forensic strategies in investigating the previous conduct of blockchain builders. Final month, the DeFi detective alleged that Michael Patryn, co-founder of defunct Canadian crypto alternate QuadrigaCX, was operating DeFi mission Wonderland’s treasury as its nameless chief monetary officer. Customers’ opinions on the matter stay divided on social media, with Cryptopantone, TreasureDAO’s “evangelist” and moderator, tweeting:
Abstract: JC labored as developer for different tasks earlier than, received paid for it, these tasks failed, then joined Treasure and helped constructing probably the most attention-grabbing tasks within the area run? Okay ty; let’s transfer on. Possibly you may draw a diagram of all Treasure associated tasks?
— fritten.eth (,) (@cryptopantone) February 23, 2022
In the meantime, Josh11#3105, a member of TreasureDAO’s official Discord, tried to focus on the significance of accountability for the mission, writing:
“Significantly, however can we use DAO funds to pay Zach [Zachxbt] to do an inner background test on all workforce members’ wallets so we will take care of every thing in-house and get all of the bullshit executed and dusted without delay so we will transfer ahead?”
