Who is UFWIJ, and Why Do They Control Every Toniq Canister?

Hey everyone,

So, who is UFWIJ, and why do they seem to be pulling the strings on every Toniq canister? Are they secretly a mastermind, or just really good at sneaking in? Especially after the whole backdoor incident with the Motoko Ghost canister.

On one hand, it’s kind of impressive that they managed to pull this off. But on the other, should we be worried about a backdoor kingpin controlling the canisters?

But hold up, what’s @bob11 ’s role in all of this?

Looking forward to hearing some theories or insights!

2 Likes

But surely the wise, trusted management of Toniq labs would know if one of their employees was stealing hundreds of thousands of dollars of NFTs?

No, there’s now way they’d let that happen under their watch.

@bob11

for SEO :slight_smile:

If the CEO and CTO of a U.S. company knowingly ignored and later covered up the insertion of a backdoor in a smart contract, which enabled an employee to steal $500,000 worth of NFTs or crypto assets, the implications—both legal and regulatory—could be extremely serious. Here’s a breakdown of what could happen:


:police_car_light: Criminal Liability

  1. Conspiracy to Commit Fraud or Theft
  • If the CEO and CTO knew about the backdoor and allowed it or covered it up, they could be charged with conspiracy to commit wire fraud, theft, or embezzlement.
  • Under U.S. law (e.g., 18 U.S.C. § 1343 - Wire Fraud), both the act and the cover-up can lead to criminal prosecution.
  1. Accessory After the Fact
  • By covering up the incident after it occurred, management may be considered accessories after the fact, which is also a criminal offense (18 U.S.C. § 3).
  1. Obstruction of Justice
  • If they actively lied to law enforcement or regulators or destroyed evidence, they could face obstruction charges, potentially leading to prison sentences.

:briefcase: Civil and Regulatory Consequences

  1. SEC Enforcement
  • If the NFTs were part of an offering that could be construed as securities (under the Howey Test), then the SEC might investigate the matter as securities fraud.
  • The SEC can impose civil penalties, bar individuals from serving as officers/directors, and freeze company assets.
  1. FTC or DOJ Involvement
  • The Federal Trade Commission could investigate for deceptive business practices if consumers were misled or harmed.
  • The Department of Justice may pursue criminal charges depending on the scope and evidence of wrongdoing.
  1. Civil Lawsuits
  • Investors, users, or platform participants could file lawsuits for damages under tort claims like fraud, negligence, breach of fiduciary duty, etc.
  • Class action lawsuits could emerge if many people were harmed.

:collision: Company Fallout

  1. Loss of Credibility and Investors
  • Such an event could destroy the company’s reputation in the tech, NFT, and crypto communities.
  • Investors could pull out, and partnerships would likely dissolve.
  1. Delisting from Platforms
  • NFT marketplaces, blockchain analytics firms, and crypto exchanges may blacklist the smart contracts or related wallets.
  1. Employee Exodus
  • Internal trust and morale would collapse, likely resulting in resignations or whistleblowers coming forward.

:judge: Personal Liability for Executives

  • Piercing the Corporate Veil: If the executives knowingly committed fraud, courts could allow plaintiffs to sue them personally.
  • Barred from Industry Roles: Regulatory agencies (like the SEC or CFTC) may ban the executives from participating in public or crypto markets.

:loudspeaker: If Reported or Discovered

  • Whistleblower Protections: Employees who report such actions to the SEC could receive legal protection and even monetary awards.
  • Media Exposure: Crypto and mainstream media would almost certainly cover the event, creating massive reputational damage.

Conclusion

In short: serious criminal and civil liability. Knowingly allowing and covering up such an exploit would be considered fraud, conspiracy, and obstruction, and could result in fines, lawsuits, and prison time for those involved.

If you’re in any way connected to such a situation and considering reporting it, consulting a lawyer immediately and possibly reaching out to regulators (like the SEC whistleblower office) would be a wise step. Let me know if you want help understanding how to do that discreetly.

4o

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I just really hope somebody with a lot of money and a huge army of lawyers doesn’t pursue this, for their sakes.

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Oh no that would be awful for Bob but great for everyone else

Hey @borovan, @Jordan_xx, @Thyassa, and @Wen. I would like to formally ask you to stop using my name and image in your profile pic, social media usernames, and propaganda. This is a form of harassment and it’s getting old.

It is also a form of defamation because you appear to be intentionally trying to consciously and subconsciously connect me with your conspiracy theories. It is not acceptable to me that you continue to impersonate me in name and image. I know nothing about this current concern that you are expressing. Your first post in this thread is made by an account that is using a childhood nickname that I have publicly announced in the past. Your propaganda shows a cartoon rendering of me from a screen capture you took of my video that I shared during the last Node Provider technical working group meeting.

Please change your username and remove my image from your profile and all of your social media. I would appreciate your cooperation on this matter.

cc: @Severin @Jan @samuelburri

But it’s okay when you say things ? This has nothing to do with this topic and is completely irrelevant please keep on topic thanks

Hey @wpb , I’m not changing my username—it’s mine, not yours.
Memes are just memes, so chill and don’t take it personally.
Oh, and this is about UFWIJ—why do they control every Toniq canister?"

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EXT is so over, it’s not only UFWIJ there are other controllers with the same behaviour

We’re going to need a migration guide for EXT NFTs

no one is impersonating you. @Jordan_xx trolling you with a generic profile pic is the only truthful statement in this post.

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I changed it to a cute pic of a weassel instead so he doesn’t get upset

What’s wrong with the word wea sel?

weasel is fine, but there is a suspiciously high fraction of posts that are (correctly) flagged as inappropriate that contain the word. I just added it to the wrong list :person_facepalming:

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Seems like the guy accusing others of getting White Glove treatment from DFINITY is himself getting White Glove treatment. Lets stick to the topic - Finding UFWIJ