AnubisDAO Rug Pull: Stolen $60M ETH Siphoned via Tornado Cash

AnubisDAO Rug Pull: $60M ETH Stolen, Funds Siphoned via Tornado Cash

Dog-inspired DeFi project AnubisDAO fell victim to a rug pull, losing 13,556 ETH worth nearly $60 million. After almost two years, the stolen funds were moved using Tornado Cash, a protocol for private transactions. The funds were divided and transferred in 100 ETH transactions, with the total now amounting to around $26.2 million. Geist Finance, impacted by the exploit, has permanently closed its lending protocol due to complications and bad debt risks. Investors are advised to conduct thorough research before investing and should be cautious of projects and their founders.