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Bubblemaps: A Single Entity Claimed 40% of ROBO Airdrop Through Over 7000 Addresses, Worth Approximately $8 Million at Launch
According to Bubblemaps monitoring, a single entity conducted a "Sybil attack" during the airdrop of ROBO, the token of robot network protocol Fabric, capturing 40% of the total distribution.
Bubblemaps tracked over 7000 newly created wallets exhibiting completely consistent on-chain activity. These wallets received similar amounts of ETH from 7 exchanges two months before token launch, and claimed the airdrop after transferring through three layers of new wallets, collecting approximately 199 million ROBO tokens in total, valued at approximately $8 million at launch on February 27.
Bubblemaps stated that there is currently no evidence indicating this activity is related to the Fabric or OpenMind core team.