Around $2M worth of $ETH has already been drained in the Fake GIWA Chain incident.
So the GIWA mainnet wasn’t even live...
And scammers still managed to create a fake GIWA chain, using the correct chain ID 9134, set up a fake bridge to get people to move real money into it.
Some devs and CT accounts even started shilling the fake chain because everyone was waiting for the real mainnet.
The funniest part?
The people trying to front-run GIWA just got front-run by the scammers. 😭
Everyone was racing to be early on shitcoins before the crowd arrived, while the scammers were already waiting at the bridge.
DyorSwap says significant losses have already happened and is now working with security teams on tracing the funds, while preparing a treasury-funded compensation plan.
So the GIWA mainnet wasn’t even live...
And scammers still managed to create a fake GIWA chain, using the correct chain ID 9134, set up a fake bridge to get people to move real money into it.
Some devs and CT accounts even started shilling the fake chain because everyone was waiting for the real mainnet.
The funniest part?
The people trying to front-run GIWA just got front-run by the scammers. 😭
Everyone was racing to be early on shitcoins before the crowd arrived, while the scammers were already waiting at the bridge.
DyorSwap says significant losses have already happened and is now working with security teams on tracing the funds, while preparing a treasury-funded compensation plan.
