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.

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