MangoFarmSOL Hack

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:

https://explorer.solana.com/address/FLq2GE2x4kv5UbK6Qw2h9FtBPcLeZnNhwSeGvDDokYbH

Additional Scammer Addresses:

https://explorer.solana.com/address/8ggviFegLUzsddm9ShyMy42TiDYyH9yDDS3gSGdejND7

https://explorer.solana.com/address/8FNFfU47C2W4kEZv3kJ7r4S4LrUNoB5tJ4NGm2TwdGW6

Funds Withdraw Transaction:

https://explorer.solana.com/tx/2HFZyg21afEgKy9NgM7p4TQFzA33ppNWwsSoLyh61wxRFB2ELkpsKPECwu4PrUtRNF3TvmJZbXmQ4thjw3gFcLK9

https://explorer.solana.com/tx/nod1VcqpUm9K5sexbJFyZSfQZpY9qJwgyQGRdtqHMEmjQ1RExtqcdsdqQBQeQ3YKqFbd9Z3YUzJ6s9t3FCFoLJK

eXch, Railgun Deposit Transaction:

https://etherscan.io/tx/0xe2903d42…8f3d17

https://etherscan.io/tx/0xe21d8496…8ac5dd