ON-CHAIN EVIDENCE REVEALS $4M SYBIL ATTACK ON AVANTIS AIRDROP
https://crypto.news/app/uploads/2024/04/crypto-news-crypto-airdrop-option15.webp
✍️ A single entity exploited the Avantis (AVNT) airdrop by using 300+ wallets to drain $4M in AVNT tokens, undermining the airdrop's intent to fairly reward community participants.
👉 A single entity used 300+ wallets to drain $4M in AVNT tokens during Airdrop 1. 👉 The exploit followed AVNT's exchange debut on Coinbase, Kraken, and Bitunix, and triple listings on Binance, Upbit, and Bithumb. 👉 The attack closely mirrored the previous sybil incident involving the MYX token.
-- #Coinbase #Kraken #Bitunix #Binance #Upbit #Bithumb #technology
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