RVV stakeholders maliciously sold off tokens for at least $9.09 million in profit; the project team's multi-signature wallet has transferred 800 million tokens.
BlockBeats News, October 19, according to on-chain analyst Ai Aunt (@ai_9684xtpa), Alpha token RVV plummeted. The project team stated that a third-party managed account was compromised. On-chain data shows that related parties maliciously sold off tokens and made at least $9.09 million in profit. The relevant timeline is as follows:
Last night at 21:00 (UTC+8), a certain exchange listed RVV, and at 21:30 (UTC+8), contracts for RVV went live;
22 hours ago, the project team's multi-signature address transferred 800 million tokens to 8 different multi-signature wallets;
12 hours ago, the multi-signature wallets that received the tokens began to abnormally distribute tokens to dozens of new addresses, then started to sell off the tokens in batches and maliciously crash the price;
Among them, two main manipulating addresses profited over $6.18 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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