Proposal: Return funds to arb users who sent their airdrop tokens to the contract address

What needs to be done in this AIP for delegates to consider and vote on? Is there anything we can do to make this an active proposal?

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You can check the delegates with voting power over Tally (Tally | Arbitrum delegates) and DM them through Twitter to get their attention to this issue.

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@tecnicolele
Hi, if your wallet was hacked/compromised, revoking token allowances might not be enough. If transactions were signed by your wallet without your knowledge, I’d assume that the private key is compromised, so the best you could do is use a whole new wallet and forget about that one an if you still have anything there, including NFTs, transfer them to the new wallet.

I wrote some recommendations about this before:

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Pls to arbitrum Foundation

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good idea!
i send ARB too on contract

Good afternoon, on 03/23/2023 on the official website https://arbitrum.foundation I claimed 1125 ARB tokens.
A button was displayed on the site that the tokens were claimed and delegated. But I did not understand to whom they were still delegated, because. I didn’t choose a delegate.

Then I wanted to transfer tokens to the exchange wallet, but the explorer shows that I sent 1125 ARB from my Metamask wallet not to my Exchange wallet, but to your contract.

Maybe I made a mistake, maybe it was a wallet failure, I can’t say for sure. Please tell me if it is possible to return my tokens back to the wallet.

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TLDR, too many personal complaints.

DAO should not be responsible for any compromised accounts. That is not the responsibility of the DAO here. The timing of accounts being compromised at the time of the drop is too suspicious, and in my opinion sorry, but I don’t think that warrants any sort of reimbursement.

If the contract allows ERC-20 withdraw other than $ARB maybe some of you will get lucky.
Should be a lesson to be more mindful of what you are doing with you valuble digital goods.
Register ENS names, it’s like 20 bucks then you always know where you are sending you tokens. too easy.

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Agreed and Supported

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Hope the team supports this proposal so it can be voted on. Thanks a lot.

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but considering what happened to my wallet, would it be possible for me to be refunded to a new address of a wallet that I open, or can I already lose my arb tokens?

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Sorry if this has beeen repeated over and over again but how do we know if we were subject to hack or designated to DAO… It also happen to be my eldest wallet which was my first hot wallet.

Is there an address or procedure? Ive pretty much made peace though closure would be wonderful.

The notable difference with this txn was the part where eth was deposited then withdrawn after.

Thanks in advance

ps I do vaguely remember earlier clicking the designate button

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In your case was there multiple txns - In mine there was a .02 eth deposit and then a couple of transfers and then the remaining eth

Sad if it was just a hack

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Not really sure what’s your situation, but if you lost your funds to a hacker (meaning, they were transferred to an external wallet without your knowledge), there’s not really a way to get those back.

In the case that you mistakenly transferred your funds to an Arbitrum Foundation controlled wallet (ARB token address or Claim Contract), then that’s what’s being discussed here, and there’s a (very slim imo) chance to recover those tokens.

If you were hacked, my advice would be to forget about the funds lost, learn from it and try to make it back.

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you sent your tokens to the USDC token address, I don’t even know how you managed to do that, but there’s definitely no way of getting those tokens back.

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So in short, even using a metamask, there is no security in this crypto world, because until then, this only happened when I went to claim my airdrop tokens, my wallet had never been hacked before, including I had already made some moves in it, like buying magic , that is, we have nothing to do, simply someone comes and steals your money and that’s it, so what is the basis of taking money from the bank and leaving it in crypto? being that the risk is greater even of a bank going bankrupt and taking your money

Hey mate, is the issue resolved?or is there any announcement related to it.

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There should be some way to be able to recover a transaction in the event that it is sent in the wrong way to an unwanted address if we want the crypto ecosystem to be safe and reliable.

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I totally agree all should be returned

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@Welly :point_up: it is possible to push for this?

@olimpio @TreasureDAO pls check AIP 2. Your assistance in pushing for the refund of tokens erroneously sent to ARB Token contract will be much appreciated, I understand we are all geared towards resolving AIP 1, AIP 2 really does not require much energy to pass, the tokens and addresses that sent them are on chain.

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Recall how I sent the USDC to the contract address: I copied the USDC contract address, added the USDC to Metamusk, then I copied the wallet address I was supposed to send it to and finally sent the transaction and it was sent to the USDC contract address, (Metamusk didn’t show a warning about the contract address, I was puzzled!)

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it’s more complex than that.

First, at this stage, crypto IS a risk asset and normally considered way more riskier than holding fiat currency. When you decide to self-custody your assets, it’s a trade-off:

  • you truly own your assets, opposed to how assets are managed in a bank account
  • you have true freedom to transfer and manage those assets however you like (in most cases)
  • but that also means you’re 100% responsible for taking care of those assets and that can be a burden with the existing standards

a hot wallet is the least safe form of self-custudy currently and there are a lot of ways in which your wallet could have gotten compromised

Account Abstraction and Smart-Contract-Wallets could make the current hacks really hard or imposible to execute if it becomes the standard, and this is around the corner. So yes, currently it’s risky to self-custody and that’s something the industry is working hard to change.

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