Cryptocurrency [loss] $303,000

Tweet by Rug Pull Finder

2022-05-07 [vendor] Fury of the Fur [chain] ethereum
Primary Source ↗
Financial Loss $303,000 (303,000 USD)
Blockchain(s) Ethereum

Incident Details

The Fury of the Fur NFT project was a collection of 3D models that sort of resembled bears. The project advertised that the models were “metaverse and game-ready”, and the roadmap promised a merchandise store, animated series, “sandbox hideout”, and card game.However, the NFT launch went poorly — fewer than 2,800 NFTs were minted out of the total supply of 9,671 NFTs. The project tried to relaunch but failed to drum up much more interest, so the creators apparently decided to call it quits — while keeping the money, of course. The project founder left a long message to the community, in which they said that they would be shutting the project and spoke at length about how difficult it had been for them.

Total loss estimated at $303,000.

Technical Details

Vendor / Product
Fury of the Fur

Timeline

  1. 2022-05-07 Breach occurred
  2. 2022-05-07 Publicly disclosed