After launching via the Discord channel on October 28, AnubisDAO has continued to collect approximately 1,3256.4 Ether (ETH) using AlchemistCoin, a copper liquidity release protocol (LBP). However, the money was unexpectedly sent to a different address about 20 hours after LBP started.

CNBC spoke to an investor who claims to have lost nearly $470,000 due to AnubisDAO. Investor Brian Nguyen admitted he had a “buy first, explore later” mentality, describing the loss as “very painful”.

Nguyen noted that he was drawn to AnubisDAO because of the dog-themed brand amid the recent huge profits some dog-code investors made after seeing Anubis promoted on Twitter by a well-known decentralized financial lawyer known as Sisyphus.

Anubis is the Greek name for the Egyptian god of death and the underworld, with Egyptian images depicting the deity in a human body and a dog’s head.

Investors seem to have lost $57 million worth of ether in what many are calling a carpet pull made by OlympusDAO’s new AnubisDAO fork.

Sisyphus has released a detailed timeline for the creation and launch of AnubisDAO and claims to have been involved in law enforcement in both the US and Hong Kong. Sisyphus also offered to drop the civil action if the offender returned the stolen finds minus the reward of 1,000 ETH.

internal work?
According to Sisyphus, the idea for the OlympusDAO fork inspired by the Shiba Inus brand surfaced during discussions between members of the PebbleDAO project on Tuesday and Wednesday.

The Telegram channel of the project was created on the same Wednesday, and all six original contributors were from PebbleDAO. The next day, it was decided to assign a founding member under the pseudonym “Beerus” to distribute LBP, a decision Sisyphus now describes as a “fatal mistake”:

It was a huge mistake. This was supposed to be done from the original multisig wallet.”
With only a few hours left before LBP closed on Friday, Berus claimed to have “opened a malicious link from a PDF” and revealed the private keys used to launch LBP. Shortly thereafter, 13,556 ETH was withdrawn from LBP. However, it appears that Beerus’ personal wallet remains “intact and under his control”.

Sisyphus also notes that “security researchers provided PDFs of phishing emails” that circulated throughout the day. Berus claimed to have clicked on the malicious link, noting that “no one has found malicious content in PDFs at this time.”

The real information about Beerus was also collected and partly posted on Twitter, and on Friday the Hong Kong authorities were contacted. Beerus filed a report and handed the computer over to the Hong Kong Police the next day.

Sisyphus also notes that the wallets linked to the incident have since sent ETH to Coinbase and adds that Oslo Boroughs have been notified of the transactions.

Source: CoinTelegraph

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