Thousands of Arbitrum (ARB) Airdrop Winners Controlled by Hackers and Sybil Attackers: Data

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Thousands of Arbitrum (ARB) Airdrop Winners Controlled by Hackers and Sybil Attackers: Data
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Arbitrum $ARB airdrop for hackers and Sybil attackers: How much did they earn? WuBlockchain ArkhamIntel jackqack

By press time, the address of the alleged attacker has already withdrawn almost 22,000 ARB to third-party wallets. As the ARB price has stabilized in the last few hours, this is equal to about $30,000. However, during peak network activity, the hacker was able to sell this loot for $220,000.about suspicious activity among the ARB airdrop was released by Chinese journalist Colin Wu and the X-Explore team. They tracked the behavior of"abuser" wallets created for Sybil attacks, i.e.

While all modern airdrops have multi-level Sybil protection filters, some of them appeared to be too easy to circumvent. For instance, Arbitrum tokens were assigned to Sybil attackers who used bridges, centralized exchanges or smart contracts. Also, Sybil hunters active on other chains — Optimism and Ethereum — were not excluded from distribution.

As a result, researchers say, 150,000 Sybil addresses and at least 4,000 Sybil communities managed to pass all eligibility checks. As such, almost one out of four ARB tokens ended up in their pockets.

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