Zachxbt’s investigation of Project Shura’s $1.7M rug pull leads to public wallet

Zachxbt’s investigation of Project Shura’s $1.7M rug pull leads to public wallet
фото показано с : cryptoslate.com

2022-4-20 19:30

Onchain detective Zachxbt has revealed details about another NFT rug pull involving Project Shura. The team behind the 5000 collection project reportedly made $1.7 million before abandoning it and leaving investors high and dry.

Project Shura leaves investors high and dry

Project Shura is one of the few anime-inspired projects in the market that came after the widely successful Azuki launch. It launched in January with a supply of 5,500 NFTs and a 0.09 ETH minting price. 

1/ With the hype around the Azuki launch back in January many anime inspired projects popped up.

One of those being @Project_Shura a $1.7m rug in which the anon team abandoned the project.

Here I breakdown where those funds went & uncover an alleged team member. pic.twitter.com/dCrYCeBGon

— zachxbt (@zachxbt) April 18, 2022

Like similar projects, its roadmap promised merch, manga series, P2E games, tokens, manga series, etc. It also partnered with popular YouTuber JRNY to market it.

Once the minting was complete in January, the anonymous team of developers started acting distant before finally disappearing in February. 

They returned on March 16, claiming that it was simply a break and they’ll continue development. But first, they needed to delete all chat channels due to “FUD.” Since then, there have been no updates, and the floor price of the NFT is near zero.

Source: OpenSea

With 495 ETH in proceeds, Zachxbt started tracking how the ETH was distributed. He discovered that the four wallets shared the funds and transferred them directly into central exchanges.

RoySaito allegedly linked to one of the wallets

Fortunately, one of those wallets turned out to be a public wallet. The wallet which received 133 ETH allegedly belonged to the pseudonymous Ox6a known as RoySaito_ETH on Twitter. Notably, Roy has launched a new NFT project called Shounen. 

6/ You might also be asking how I tied 0x6a to his Twitter.

Well when he made the large purchase for Azuki 6541 a Twitter bot recorded his OpenSea name. pic.twitter.com/lK66S7V88E

— zachxbt (@zachxbt) April 18, 2022

RoySaito allegedly received 27% of the whole funds and used the proceeds to flip Azuki NFTs. Zachxbt revealed he could connect the wallet to Roy because when he bought Azuki #6541, a Twitter bot posted about it and included his OpenSea name.

Source: Zachxbt

Roy also posted about a giveaway for Azuki #4889, which was also in the same Ox6a wallet. He has allegedly canceled the giveaway and deleted the tweet since.

CryptoSlate reached out to RoySaito on Twitter for comments but did not get a response, and the account was made private as of press time. 

 

The post Zachxbt’s investigation of Project Shura’s $1.7M rug pull leads to public wallet appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Rug (RUG) на Currencies.ru

$ 1.25E-5 (+0.51%)
Объем 24H $0
Изменеия 24h: 4.93 %, 7d: 9.39 %
Cегодня L: $1.25E-5 - H: $1.25E-5
Капитализация $0 Rank 3801
Доступно / Всего 0 RUG / 10k RUG

rug pull shura project zachxbt wallet public

rug pull → Результатов: 62


Investors lose $20 million in NFT rug-pull

Since the beginning of the year, we’ve reported about NFT scams supported by celebrities, and unfortunately, another multi-million dollar rug pull recently occurred in the NFT space The depressing scourge of NFT scams Writing this piece, it dawned on me that this is the fourth NFT rug pull I’m reporting on this year, and as […] The post Investors lose $20 million in NFT rug-pull appeared first on NFT News Today.

2022-4-3 10:27


Фото:

Команду проекта Metaswap Gas заподозрили в экзит-скаме

Протокол Metaswap Gas (MGAS) на базе Binance Smart Chain (BSC) стал объектом схемы rug pull, сообщили специалисты компании PeckShield. #RugPull PeckShield has detected that @MetaSwapMGAS soft-rugged, the stolen funds (1,100 BNB) are transfered to @TornadoCash (#BSC).

2021-12-28 15:41


Chainalysis: на схемы rug pull пришлось 37% доходов мошенников за 2021 год

За 2021 год мошенники похитили у пользователей более $7,7 млрд в криптовалютах. Свыше трети этой суммы пришлось на так называемые rug pull, сообщила аналитическая компания Chainalysis. Количество киберпреступлений на крипторынке выросло на 81% по сравнению с 2020 годом.

2021-12-17 14:29


Squid Game Price ($SQUID) Pumping Once Again, Up Over 400%!

Remember when Squid Game Token executed a “rug pull” and crashed the price to $0? Well the drama is not over yet, investors are buying back in again – just like in the show! Squid Game Price Back Up Just like in Netflix’s Squid Game when participants returned back for a second time, knowing all […] The post Squid Game Price ($SQUID) Pumping Once Again, Up Over 400%! appeared first on NullTX.

2021-11-4 03:23


Фото:

Shiba Inu-Inspired Project Exits With $60 Million In Latest DeFi Rug Pull

Investors have lost circa $60,000,000 worth of ETH in the latest DeFi scam AnubisDao that occurred on October 29th, 2021, approximately 30 hours after the project was launched on discord. AnubisDAO developers marketed the project as a fork of OlympusDAO, a decentralized reserve currency that aims to bring more financial stability and transparency by building a decentralized financial […]

2021-11-2 14:37