The treasury of the Samudai DAO was apparently drained as an attacker compromised the project’s multisignature wallets and the wallet belonging to the project’s founder, Kushagra Agarwal. Altogether, around $1.25 million in ETH was stolen.Agarwal sent a message to the thief shortly afterwards, offering a 10% “bounty” in exchange for the return of the rest of the funds. The attacker didn’t seem to be interested, and in mid-January began tumbling the assets through the Tornado Cash cryptocurrency mixer.Samudai didn’t seem to publicly acknowledge the theft, even though they’ve posted on Twitter a few times since then. The organization had raised $2.5 million in pre-seed capital in June 2022.

Total loss estimated at $1,250,000.