Cryptocurrency
[loss] $3M+
"MetaDAO Makes Off With $3.2M in Rug Pull"
Primary Source ↗Financial Loss
$3.2M
(3,231,200 USD)
Blockchain(s)
Ethereum
Incident Details
A project that promised to be “the DAO of DAOs” managed to accumulate and then make off with 800 ETH, which was worth around $3.2 million at the time of the scam. The project creators took the invested tokens and quickly tumbled them using Tornado Cash.
Total loss estimated at $3,231,200.
Technical Details
- Initial Attack Vector
- Smart contract exploit / hack
- Vendor / Product
- MetaDAO
Timeline
- 2021-12-27 Breach occurred
- 2021-12-27 Publicly disclosed