What happened
MangoFarmSOL exit scammed, stealing 1,297,344 USD worth of SOL (13,514 tokens) from users and deleting their website and Twitter account.
MangoFarmSOL, a yield farming protocol on the Solana blockchain, encouraged users to deposit Solana tokens into the protocol to earn airdrops. On January 6, 2024, the project conducted an exit scam, withdrawing a total of 13,514 SOL tokens (worth around 1.29 million USD) deposited by users. The stolen funds primarily consisted of SOL tokens, which were then laundered through various channels, first bridging to the Ethereum network via wormhole and allbridge and then deposited into platforms such as Railgun and eXch.
The acquired USDC was bridged from the Solana network to Ethereum via the wormhole bridge. The project subsequently deleted their website and Twitter account.
Scammer Address:
Additional Scammer Addresses:
Funds Withdraw Transaction:
eXch, Railgun Deposit Transaction:
Protocol details
Evidence
- report Report cointelegraph.com
- report @CertiKAlert incident report twitter.com
- analysis Web Archive archive.ph
- analysis DeFiLlama defillama.com
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