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Crypto user reclaims $74 million of ether from old Ethereum Name Service contract
A crypto user and Ethereum Name Service holder reclaimed $74 million of ether from the old ENS registrar that was replaced roughly four years ago. Today, the wallet — which hadn't made a transaction since November 2021 — suddenly awoke and reclaimed 39,700 ether across multiple transactions, per Lookonchain. Then it sent just shy of 63,700 ether — funds already in the wallet — to a new wallet. "Basically, they bid on (and won) a bunch of names back in ~2016/2017, and when we switched to the new system in 2019, they never released the deeds to claim their locked funds back," ENS lead developer Nick Johnson ... (full story)