Cryptocurrency [loss] $2M+

"Funds on MangoFarmSOL drained, community alleges rug pull"

2024-01-07 [vendor] MangoFarmSOL [chain] solana
Primary Source ↗
Financial Loss $2.0M (2,000,000 USD)
Blockchain(s) Solana

Incident Details

A Solana yield farming project called MangoFarmSOL encouraged people to deposit Solana tokens into the protocol to earn airdrops by January 10. However, on January 6, the project appeared to make off with all the tokens — around $2 million worth. They subsequently deleted their website and Twitter account, and closed their Telegram channel to new members.MangoFarmSOL is unrelated to the other Solana-based mango-themed project, Mango Markets, which was exploited in October 2022 for more than $100 million.

Total loss estimated at $2,000,000.

Technical Details

Vendor / Product
MangoFarmSOL

Timeline

  1. 2024-01-07 Breach occurred
  2. 2024-01-07 Publicly disclosed