Crypto fans invested $60 million in a new blockchain project called Anubisdao. Now the money is gone.
The crypto scene is richer by one fraud case: On 28 October 2021, the sale of a new cyber token called Anubisdao began on the crowdfunding platform Cooper Launch. Although hardly anything is known about the so-called meme coin, investors invested 60 million US dollars in the project. Just one day later, all the money had disappeared without a trace.
As the news site Cnbc.com reports, citing one of the bounced investors, all the proceeds were transferred to a wallet and have been untraceable ever since. According to the informant, he himself invested 470,000 US dollars in Anubisdao, but admits that he had little knowledge of the project.
Transaction Details
On the internet forum Reddit, users are heatedly discussing the whereabouts of the money. While some suspect that the initiators of the project have made off with the loot, others assume that a third party has gained access to the wallet of the operators via a phishing attack.
Initiators reject blame
Anubisdao itself announced via Twitter, according to Cnbc, that there had been an unforeseen error on the crowdfunding platform Cooper Launch that led to the incident. However, the operators of the portal denied this and stated for their part that the Anubisdao founders had apparently not sufficiently protected access to their wallet keys.
Lot of attention for Squid Game that stole $2million, but 3 days ago AnubisDao stole $60million and no one cared. https://t.co/g3fmcrDPrZ 🚀 Bet with $BTC via ⟶ https://t.co/4h0cyuWSHk √
– Crypto Trader Pro 🇺🇸 (@CryptoTraderPro) November 2, 2021
The circumstances of the entire theft appear as nebulous as Anubisdao itself. All that is publicly known about the crypto-asset: it had a dog in the logo – apparently in reference to popular cryptocurrencies such as the Dogecoin or the Shiba-Inu-Coin. The product description on Cooper Launch simply says “Bark, bark, bark, bark, bark and bark”.
How such a dubious project could generate 60 million US dollars remains a mystery. However, this is not the first incident of this kind. Only recently, fraudsters stole several million dollars from gullible investors with a meme token called Squid-Game-Coin.
