Transfers to AssangeDAO raise questions about transparency, and possible rug pulling. financial practices.
AssangeDAO, which was launched in 2022 and is affiliated with Julian Assange (an Australian hacktivist best known for founding WikiLeaks), quickly became popular for its connection to Assange. WikiLeaksIt is a website that allows anonymous sources to publish classified material.
AssangeDAO formed to support Assange, who faces extradition after a UK High Court judgment in 2021. This campaign received over 17,400 ETH from crypto donations. Ethereum Vitalik Buterin, co-founder
Recent on-chain transfers have raised questions about the transparency of AssangeDAO. On Mar. A 100 ETH payment from AssangeDAO sparked fears of a potentially malicious attack on 10 Mar. “soft rug pull,” As the beneficiary of the fund appeared to have been “directly linked to the decentralized autonomous organization,” SlowMist analysts revealed that in the aforementioned article, they have made a number of observations. recent blog post.
SlowMist’s and RescuETH’s analysis revealed that AssangeDAO began transferring the bulk of its money to different addresses in 2022. This included several crypto exchanges such as Kraken and Coinbase. The organization also sent more than 1,000 Ethereums (ETHThe funds are distributed across several addresses by distributing them to smart contracts that have not been identified.
SlowMist analysts stressed the need for greater transparency in DAO operations. They noted that recent large fund transfers have been significant. “have raised many questions, particularly regarding the ultimate destination of the funds.”
Assange’s true motives are not revealed by the blockchain firm. “remain unknown,” Investors are encouraged to conduct thorough due diligence and exercise caution before engaging the organization. AssangeDAO had not yet made any statements about the issue.
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Source: crypto.news