Yearn Finance developer Andre Cronje has dropped out of public view after reportedly receiving 'death threats' from the decentralized finance community and becoming 'demoralized'.
Cronje said he had received a variety of threats after investors raced into his unfinished and unreleased protocol, Eminence, which was then exploited and drained of $15 million in late September.
The incident transpired while Cronje was sleeping, and he woke up to discover that half of the funds had mysteriously been sent to him by the hacker.
Cronje has not been active on social media since September 29, when he published his roadmap for refunding Eminence investors the $8 million.
On October 9, fellow Yearn developer 'banteg' addressed Cronje's silence, posting: "Andre said he won't be Tweeting anymore. People got what they asked for."
Speaking to Cointelegraph, banteg confirmed the threats Cronje had received were serious: "Andre has gone quiet because he has been receiving death threats."
"Crypto community at large has always been childish and irresponsible, which is the reverse of what Andre has been preaching. This witch hunt is something else, the last week has been very demoralizing."
Cronje's disappearance from social media has prompted the Yearn community to start a "Love Letters for Andre" thread to show their support for the developer.
User 'JarJar' added: "This whole EMN thing was a blessing in disguise. Kill all the hype off, cleanse the community of some price obsessed degens and let the focus return to the building of products and long term community."
YFI has since shed two-thirds of its value, with the token consistently trending downward since the Eminence drama.
YFI's Andre Cronje disappeared after 'death threats'. Will 'love' bring him back?
Published on Oct 9, 2020
by Cointele | Published on Coinage
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