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ID:

citydao-134

Date:

Status:

Incident Count:

January 10, 2022

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

No

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Audit By:

Audits:

None

Loss Amount:

100,000

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Recovered:

-

Rewards:

Currency:

USD, ETH

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

ICO

Scams

Extended Method:

Phishing, Discord compromise, fake airdrop

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Days in Operation:

0

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CityDAO is a "decentralized autonomous organization" that hopes to collectively govern a blockchain city, offering citizenship and governance tokens in exchange for the purchase of a “land NFT” bestowing ownership rights to a plot of land. CityDAO—the group that bought 40 acres of Wyoming in hopes of "building a city on the Ethereum blockchain”—announced that its Discord server was hacked and members' funds were successfully stolen as a result. "EMERGENCY NOTICE. A CityDAO Discord admin account has been hacked. THERE IS NO LAND DROP. DO NOT CONNECT YOUR WALLET," the project's Twitter account declared. Within the space of a day, the hacker's wallet received 29.67 ETH (just shy of $100,000), and has continued receiving funds.

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