Is the DAO hacker accumulating DAO tokens to accumulate more ETH to dump after the Hard Fork?

in #ethereum8 years ago

Get your tinfoil hats on! I've been reading some interesting posts on Reddit and the more I think about it to more realistic it seems. Are you ready?

Ok it seems like you are.

Premise: The hacker shorted ETH and made a lot of money from it, this is almost 100% certain. Even I made a lot of money shorting ETH after the first rumors came out.

In a post on a Reddit it was made clear that someone has been accumulating a lot of DAO tokens. They are still valued under the Ether price (obviously). Check it for yourself

You always have believers but why buy a lot of DAO tokens at this moment in time when there are still potential issues with the hard fork, there can always be complications etc. Unless the person buying the DAO tokens has other plans with it.

If the hacker bought the DAO tokens with the money he made from shorting ETH, he will still get a lot of ETH after the hard fork, even though the hard fork was originally created to avoid him having a large amount of ETH (well main reason is to bail out the ETH devs that invested in it, we all know that).

So if the refunds are done he might have enough ETH to still make the price crash harder than it would originally and he'll make a lot more money again from shorting it.

I realize that it's a theory like any other and maybe even a bit too tinfoil hat, however that's how I would do it.