Are the Hector DAO Dev's Incomptent or Frauds after $2.7m Stolen?
Leviathan News24 Jan 2024

Are the Hector DAO Dev's Incomptent or Frauds after $2.7m Stolen?

🦞Want to Support Leviathan? Use our Referral links: ————————————————— 🎯 CVI | https://cvi.finance/#/?ref=leviathan_news 🦗 Grass | https://cvi.finance/#/?ref=leviathan_news 📐 Vertex | https://app.vertexprotocol.com/?referral=3Yznlglxbb 🤵 Alfred | https://t.me/AlfredTradesBot?start=PYEaQRV 🔱 KelpDao | https://kelpdao.xyz/restake/?utm_source=0x81f9B40Dee106a4C5822aED7641D5C1e2B40F922 Summary The conversation discusses the ongoing drama surrounding Hector Dow, a project that raised over $100 million and has experienced significant losses and multiple hacks. The team's mismanagement, including excessive salaries and questionable spending, is highlighted. The liquidation phase, which lasted for months, is described, along with the lack of transparency and negligence in handling the treasury funds. The conversation also explores the possibility of insider involvement in the hacks and the need for legal action. The community's response and efforts to track down the stolen funds are discussed. The conversation concludes with a discussion on Rabi Wallet and the points system. The conversation covers various topics including a marketing video, speculation about a Leo movie, appreciation for the details in a commercial, praise for Yaron's marketing videos, and upcoming discussions on Arbitrum governance. The hosts also express their gratitude and wrap up the conversation. Takeaways Hector Dow has experienced significant losses and multiple hacks, resulting in the loss of millions of dollars. The team's mismanagement, including excessive salaries and questionable spending, has contributed to the project's downfall. The liquidation phase lasted for months, with a lack of transparency and negligence in handling the treasury funds. There is a possibility of insider involvement in the hacks, and legal action is needed to hold the responsible parties accountable. The community is actively working to track down the stolen funds and seek justice. Rabi Wallet and its points system are discussed as an alternative to other wallets. Marketing videos can be effective when they create tension and build up to a message. Attention to detail in commercials can make them more engaging and memorable. Yaron's marketing videos are highly regarded for their understanding of the culture. Upcoming discussions on Arbitrum governance and LTIP are anticipated.

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