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Suspected AnubisDAO Rug Pull Wallet Address Begins Moving Funds, Deposits 3,000 ETH to Tornado Cash

Cointime Official

May 5 (Cointime) - A wallet address associated with suspected AnubisDAO rug pull has begun to move funds, according to an alert by PeckShield.

According to the alert, an address associated with AnubisDAO has deposited 3,000 ETH, worth about $5.9 million at current prices, to Tornado Cash, which is a privacy-focused Ethereum mixer. The address is reportedly labeled as a "liquidity rug". 

AnubisDAO was a dog-themed crypto project that suffered a suspected rug pull in October 2021. The developers of the project allegedly took the raised funds and transferred them to a different wallet address, which was later identified as the source of recent fund movements. The rug pull caused the ANKH token's price to crash to zero due to lack of liquidity.

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