PeckShield security firm reporting a Metadao rugpull with 800 ETH being stolen
Another hack occurred in the market, Metadao, suspected to be a rugpull with 800 ETH being stolen.
#RugPull PeckShield has detected that @METADAO rugged, the stolen funds (800 Ether) are transferred to @TornadoCash (#Ethereum). DO NOT STAKE in this contract and if you’ve approved it, REVOKEhttps://t.co/82FREIL8Fu
— PeckShieldAlert (@PeckShieldAlert) December 27, 2021
Millions are stolen in the most recent DeFi scam series: Metadao
This time, a total of $3.8 million in user funds were stolen, or about 800 ETH. Accordingly, according to Etherscan, we can see multiple transactions in the TornadoCash funds mixer.
The address has been marked as the “Metadao” rugpull address. It currently holds 46 Ethereum coins. 75 Ethereum finally moved to the address just two hours ago. Before that, the wallet made more than 50 transactions, while there were 180 transactions in total. Currently, the funds remain in the Tornadocash coin mixer, so tracking user funds is most likely impossible. Funds may be forfeited.
In addition to the previously stolen Ethereum, another protocol based on Binance Smart Chain (BSC) disappointed users by stealing around 1,100 BSC. While the value of the stolen funds remains relatively low compared to the $3.2 million stolen, users have expressed their concerns about the overall safety of the network and the industry.
Sign up for a Binance account here (Discount 10% trading fees): https://accounts.binance.com/en/register?ref=29171587
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