Categories: Market

A Memecoin project stole $ 60 million from investors

A Memecoin project stole $ 60 million from investors

The man behind AnubisDAO – a fraudulent cryptocurrency project – took advantage of the name of a famous investor and the image of a Shiba Inu dog and stole money from players.

According to The Block Crypto, a cryptocurrency project called AnubisDAO has more than. stolen 60 Million dollars mobilized by investors. In particular, this is a memecoin that also uses the now famous Shibu Inu dog symbol.

AnubisDAO is a new project that started on October 28th on a Discord channel and Twitter account. Although this memecoin has not presented any documents, investors have still put money into AnubisDAO’s 24-hour ANKH token sale. Overall, this project has raised 60 Million dollars.

However, 20 hours after the sale, the team behind ANKH blocked and transferred the liquidity function 60 Million dollars convert to ethereum in another address.

ANKH quickly became a worthless token. The copper trading platform has also removed ANKH’s list price list.

Observers discovered a Twitter account called @Beerus involved in money trading activities 60 Million dollars. However, the account was deleted shortly afterwards.

Popular crypto investor 0xSisphus has offered a reward of 1,000 ETH to anyone who finds out who will withdraw from AnubisDAO. In the past, this investor was often faked by scammers to call for investments.

Ngoc Phuong Linh

ZING

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Top Reasons to Choose Qubetics, Bitcoin, and AAVE as the Best Coins to Join Now 

Explore why Qubetics, Bitcoin, and AAVE are the Best Coins to Join Now. Dive into…

13 minutes ago

Market Overview (Dec 16 – Dec 22): Altcoins Stall, BTC Faces Strong Pullback

MicroStrategy buys 15,350 BTC; Ripple launches RLUSD; Lido exits Polygon; BTC drops post-ATH; reduced liquidity…

38 minutes ago

Bybit Proof Of Reserve Shows Changes In BTC, ETH, And USDT

Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and…

3 hours ago

Bitcoin Spot ETF Inflows Reach $449M With BlackRock Leading

Key Points: Bitcoin Spot ETF Inflows totaled $449M, led by BlackRock’s $1.45B contribution. Ethereum Spot…

4 hours ago

Best New Meme Coins to Join for 2025: BTFD Coin Leads, Popcat Keeps It Purr-fect, and Non-Playable Coin Hits Gamers Hard

Discover the Best New Meme Coins to Join for 2025. BTFD Coin's price rollback offers…

5 hours ago

Solana memecoins crash while DTX Exchange hits 100,000 TPS on layer-1 blockchain

Discover how DTX Exchange's historic achievement of 100,000 transactions per second on a layer-1 blockchain…

6 hours ago

This website uses cookies.