AnubisDAO Rug Pull Backs After Nearly 3 Years With Suspicious Transactions
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Read more: AnubisDao Rotted Over $1.3 Million After 236 Days Of Running Away
According to data from Etherscan, 12 transactions labeled “AnubisDAO Liquidity Rug 1” have just re-appeared. Seven of them, amounting to about 2.1 ETH, have been sent elsewhere. All these developments, viewed against the backdrop of the activity surging, prompted the crypto community to voice their concerns, thereby hinting at another probable scamming attempt at hand.
AnubisDAO, created on October 28, 2021, had aimed to ride the meme coin mania because of its branding after the ancient Egyptian god Anubis.
The project was an attempt to mix liquidity bonding mechanisms with a treasury of Shiba Inu tokens. After the token sale on Copper, everything seemed to kick off well. But then, within 24 hours, approximately 13,597 ETH had been siphoned from the sale pool to some unknown Ethereum address.
Read more: Top 10 Biggest Rug Pull Projects In Crypto Market History
The anonymous creators of AnubisDAO conducted what has now been adjudged as one of the biggest rug pulls ever witnessed in DeFi history, which resulted in investors losing a sum equivalent to about $60 million.
Following the event, the crypto community reacted, with user 0xSisyphus offering a bounty of up to 1,000 ETH for information on the current holder of the stolen funds. At the peak times when the price of Bitcoin reached $68,000 in 2021, accompanied by all the lavishness of DeFi platforms with pre-sale movements, the AnubisDAO rug pull made many investors reconsider.
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