According to Bubblemaps monitoring, a single entity acquired 40% of the Fabric Protocol token ROBO airdrop (approximately 199 million tokens), valued at approximately $8 million at the time of token launch. Two months before ROBO went live on February 27, this entity funded approximately 7,500 new wallets with funds from 7 exchanges. These wallets received similar amounts of ETH, which were transferred through 3 layers of new wallets to cover tracks, ultimately completing a Sybil attack and claiming the airdrop. It is reported that Fabric had previously raised $20 million in financing participated by Coinbase and others. Currently, there is no evidence linking this behavior to the project's core team.
According to Bubblemaps monitoring, a single entity acquired 40% of the Fabric Protocol token ROBO airdrop (approximately 199 million tokens), valued at approximately $8 million at the time of token launch. Two months before ROBO went live on February 27, this entity funded approximately 7,500 new wallets with funds from 7 exchanges. These wallets received similar amounts of ETH, which were transferred through 3 layers of new wallets to cover tracks, ultimately completing a Sybil attack and claiming the airdrop. It is reported that Fabric had previously raised $20 million in financing participated by Coinbase and others. Currently, there is no evidence linking this behavior to the project's core team.