{"id":52053,"date":"2021-10-30T16:38:02","date_gmt":"2021-10-30T13:38:02","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52053"},"modified":"2025-09-03T03:00:15","modified_gmt":"2025-09-03T00:00:15","slug":"anubisdao-token-sale-participants-lost-nearly-60-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/anubisdao-token-sale-participants-lost-nearly-60-million\/","title":{"rendered":"AnubisDAO token sale participants lost nearly $60 million"},"content":{"rendered":"<p>On October 28, the Copper Launch platform hosted the AnubisDAO (ANKH) token sale, marketed as a fork of <a href=\\\"https:\/\/www.olympusdao.finance\/\\\">OlympusDAO<\/a>. A few hours before the sale&#8217;s end, all liquidity was withdrawn from the ANKH\/ETH pool. The developers were suspected of fraud.<\/p>\n<p>AnubisDAO had no website\u2014only a Discord server and a Twitter account, yet the project attracted investor attention. In less than a day, 13,597 ETH (~$58.78 million at the current rate) was deposited into the ANKH\/ETH liquidity pool.<\/p>\n<p>It was expected that ANKH would be distributed after the token sale ended, but a few hours before the sale closed, all liquidity was withdrawn. With no funds left in the pool for swapping, the project&#8217;s token price fell to zero. Essentially, what is known as a rug pull occurred.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">AnubisDAO is suspected of being rugpulled and transferred 13,556 ETH worth nearly 60 million US dollars. <a href=\\\"https:\/\/t.co\/EwtI46xOvU\\\">https:\/\/t.co\/EwtI46xOvU<\/a> <a href=\\\"https:\/\/t.co\/Im5Wmv32lb\\\">pic.twitter.com\/Im5Wmv32lb<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\\\"https:\/\/twitter.com\/WuBlockchain\/status\/1454071627919106056?ref_src=twsrc%5Etfw\\\">October 29, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Community members managed to trace the address where assets stolen from investors ultimately ended up. It was linked to the Twitter account Beerus, which was deleted shortly after the incident.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">One tweet with a summary for everything: <\/p>\n<p>\u2014 <a href=\\\"https:\/\/twitter.com\/beerus?ref_src=twsrc%5Etfw\\\">@beerus<\/a> wallet created the copper launch and is the same wallet that removed the liquidity and sent the eth away <\/p>\n<p>\u2014 from what I can see in any telegrams <a href=\\\"https:\/\/twitter.com\/0xSisyphus?ref_src=twsrc%5Etfw\\\">@0xSisyphus<\/a> and the rest of the team has no control over the wallet<\/p>\n<p>\u2014 DCF GOD (@dcfgod) <a href=\\\"https:\/\/twitter.com\/dcfgod\/status\/1454073518115549185?ref_src=twsrc%5Etfw\\\">October 29, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Using an alternate account, the purported owner of this account claimed to have fallen victim to a phishing attack. He posted a screenshot of an email from someone impersonating the well-known crypto investor 0xSisyphus. The email attached a PDF file that allegedly could contain malicious code.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">recieved this email which seemed to have been the issue <\/p>\n<p>on call with team rn <\/p>\n<p>situation is bad, will address soon <a href=\\\"https:\/\/t.co\/pNhGccKW1K\\\">pic.twitter.com\/pNhGccKW1K<\/a><\/p>\n<p>\u2014 m1 (@cryptofan777) <a href=\\\"https:\/\/twitter.com\/cryptofan777\/status\/1454069612232863744?ref_src=twsrc%5Etfw\\\">October 29, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Subsequently, other community members reported receiving such emails. 0xSisyphus stated that he has no involvement in the distribution. Later he added that the emails sent from a Hong Kong IP do not contain malware. <\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">fwiw:<\/p>\n<p>The spoofed email was sent from netgrid from a HK IP (see below)<\/p>\n<p>The PDF is scrambled and doesnt appear to have anything malicious <a href=\\\"https:\/\/t.co\/0CKkGKR3fj\\\">pic.twitter.com\/0CKkGKR3fj<\/a><\/p>\n<p>\u2014 Sisyphus (@0xSisyphus) <a href=\\\"https:\/\/twitter.com\/0xSisyphus\/status\/1454244396459831302?ref_src=twsrc%5Etfw\\\">October 30, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to 0xSisyphus, the incident may have been caused by an \u201cunreliable team member\u201d of AnubisDAO. He suggested that the latter return the assets to users, keeping 1000 ETH (~$4.32 million) for himself \u2014 an amount the crypto investor pledged to add from his own funds.<\/p>\n<p>0xSisyphus also stated that Chainalysis had been brought into the investigation.<\/p>\n<p>Meanwhile, the purported owner of the Twitter account Beerus said he had notified law enforcement authorities and handed over his computer for examination.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Bringing my computer to the police station now \u2014 will share updates and proof as it happens. Have reported the whole situation to law enforcement and am still complying with the investigation<\/p>\n<p>\u2014 m1 (@cryptofan777) <a href=\\\"https:\/\/twitter.com\/cryptofan777\/status\/1454430580846718980?ref_src=twsrc%5Etfw\\\">October 30, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In August, the Luna Yield team on the Solana blockchain <a href=\"https:\/\/forklog.com\/en\/news\/luna-yield-defi-project-developers-stole-about-8-million-from-investors\">stole $8 million<\/a> from investors.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 crypto news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On October 28, the Copper Launch platform hosted the AnubisDAO (ANKH) token sale, marketed as a fork of OlympusDAO. A few hours before the sale ended, all liquidity was withdrawn from the ANKH\/ETH pool. The developers were suspected of fraud.<\/p>\n","protected":false},"author":1,"featured_media":52054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,1378],"class_list":["post-52053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-token-sales"],"aioseo_notices":[],"amp_enabled":true,"views":"52","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=52053"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52053\/revisions"}],"predecessor-version":[{"id":52055,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52053\/revisions\/52055"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/52054"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=52053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=52053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=52053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}