A newly launched crypto project that raised $60 million “overnight” appears to have lost its funds in what may have been a phishing attack.
The project was called AnubisDAO and had been promoted as a fork (“fork”) of OlympusDAO – a cryptocurrency collateralized by assets in its treasury.
AnubisDAO was announced for the first time this Thursday (28), with the launch of a server on Discord and a Twitter account, in which there are only a few publications.
The supposed bifurcation had its theme centered on Anubis, the Egyptian god of death who features a dog’s head, a configuration similar to other dog-themed meme coins such as Shiba Inu Coin and Dogecoin.
Despite not having a website, investors “did themselves” into the project, allocating US$ 60 million in ether (ETH) to him.
Token sales should have continued, with more investors sending ethers and receiving anubis tokens (ANKH) in return for a 24-hour period.
However, at 4:58 am today (29), Brasília time – about 20 hours after the start of sales – the liquidity of the pool, which allows investors to buy and sell tokens, was removed. The $60 million in ETH collected so far was sent to a different address.
The fact that liquidity was removed was in itself a bad sign, but the fact that it was removed even before the sale ended was an even worse sign – both point to a possible “carpet pull” (in that the team behind the project disappears with the money) or theft performed by a third party in some kind of attack.
Since the money disappeared, the price of the ANKH token has reached zero, as there is no liquidity to sell it. The graphic below was originally on Copper’s website – where the sale took place – but has since been removed.
Twitter “detectives” found a series of transactions that connect the wallet that received the funds with a Twiiter account called @Beerus, which researchers at The Block have confirmed. The Twitter account was deleted a short time ago.
Since then, the owner of the Twitter account has claimed – in an alternate account – that he may have been the victim of a phishing attack.
The user shared a screenshot of an email coming from a person pretending to be the crypto investor 0xSisyphus, in which there was a file attached, which could contain malicious code.
Investors who participated in the sale of tokens were dismayed by what happened. The real user 0xSisyphus said in a tweet that he was providing a reward of 1,000 ethers ($4.3 million) to anyone who discovered the owner of the address that stole the funds.
The project’s channel on Discord, as expected in situations like this, was thrown into chaos.
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