$60 Million Goes Missing In Dog-Themed DeFi Project’s Token Sale

$60 Million Goes Missing In Dog-Themed DeFi Project’s Token Sale
A 25 ft model of Anubis stands in Trafalgar Square in London, England, on Oct. 3, 2007. Gareth Cattermole/Getty Images
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Investors pooled in around $60 million to a newly-launched crypto project’s token sale, but the funds appear to have disappeared overnight.

What Happened

AnubisDAO is a dog-themed DeFi project inspired by the Egyptian god of death, Anubis. The project’s token sale on Oct. 28 saw investors pool 13,556.36 Ethereum worth $60 million in return for Anubis Tokens  (CRYPTO: ANKH).

However, users soon discovered that the funds were sent to a different wallet address around 20 hours into the token sale.