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Main => General Discussion => Topic started by: Thul3 on May 11, 2019, 07:21:33 pm

Title: USD OMO Fund again abused
Post by: Thul3 on May 11, 2019, 07:21:33 pm
Somebody used the USD OMO Fund without permission to create debt and buy BTS between april 14 and april 21.
The USD OMO fund has been yesterday again been margin called because of to high debt.
Margin hasn't been eaten.
CR of OMO fund is currently 1.85

I would recommend to switch control of that account to other committee members of both OMO funds since these funds have been now abused again in a way where no consensus existed.
Title: Re: USD OMO Fund again abused
Post by: fav on May 11, 2019, 08:34:27 pm
Who has control?
Title: Re: USD OMO Fund again abused
Post by: Thul3 on May 12, 2019, 11:31:31 am
Who has control?


Account is being managed by
bitcrab,alex and xeroc.

Based on some research it was done by bitcrab
Title: Re: USD OMO Fund again abused
Post by: finn-bts on May 12, 2019, 03:37:32 pm
Although I hope that OMO can be restarted, I think this operation is wrong and I hope someone can give a reasonable explanation.