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Reading: Andre Cronje says somebody stole his code to construct a $1B DeFi mission
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Michigan Post > Blog > Crypto & Web 3 > Andre Cronje says somebody stole his code to construct a $1B DeFi mission
Crypto & Web 3

Andre Cronje says somebody stole his code to construct a $1B DeFi mission

By Editorial Board Published October 3, 2024 2 Min Read
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Andre Cronje says somebody stole his code to construct a B DeFi mission

Andre Cronje, a senior developer answerable for a few of the largest DeFi-focused tasks at Fantom, Bribe.crv, Yearn, and Keeper, claims that somebody stole his laptop code for a billion-dollar mission.

In keeping with Cronje, somebody used his work to create an unauthorized copycat that by some means amassed seven figures of complete worth locked (TVL) and totally diluted worth (FDV). He additionally claims the thief uncared for to pay him a licensing charge and even went so far as “slapping on a restrictive license.”

Simply noticed a mission with $1bn TVL and $1bn FDV that took my open supply code (below GPL3) and slapped on a BUSL license. I can take not being credited, I can take them eradicating my identify from the code, I can take them not mentioning me or the unique mission anyplace on their…

— Andre Cronje (@AndreCronjeTech) October 3, 2024

Cronje seemingly names the perpetrator

One X (previously Twitter) person going by the identify of ‘Brad’ speculated that the alleged perpetrator is Aerodrome Finance, constructed on Coinbase’s Base blockchain.

If that guess is right, the TVL matches Cronje’s $1 billion virtually completely. “This is a really bad look for the project and team if true,” mentioned Brad.

Yr-to-date, Aerodrome has grown its TVL from $120 million to $1.08 billion.

Cronje responded on to Brad’s guess and seemingly confirmed it. An Aerodrome promoter subsequently claimed to be in dialog with Cronje, “We’re chatting. All is good.”

“Your team tilts me so much,” lamented Cronje. “You go to great lengths to lie and say it’s a rewrite.”

Aerodrome hosted a reside social audio house on Thursday morning. Protos listened to a considerable portion of the occasion however didn’t hear any point out of Cronje’s allegation.

Protos reached out to Cronje for remark however had not acquired an instantaneous response previous to publication.

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