The DAO was one of the first and most ambitious projects launched on Ethereum. Imagine a fully decentralized fund where tokenholders could invest in exciting new ventures together. It was supposed to be an 'unhackable pile of money'. $250 million worth of Ether, about 16% of the available Ether supply was locked in the DAO. It was the biggest crowdfunding event in history. Then the DAO was hacked.
If you want to know more about the story of the DAO hack click here: https://defire.money/dao-hack-avsa/
Today the news was released that Laura Shin, author, podcaster and journalist has found out who the alleged DAO hacker really is. Here's the full story: https://www.forbes.com/sites/laurashin/2022/02/22/exclusive-austrian-programmer-and-ex-crypto-ceo-likely-stole-11-billion-of-ether/
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