Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Bubblemaps: MEGA pre-sale was found to have Sybil attack behavior; over 20 entities used multiple wallets to bypass the maximum distribution limit.
2025-10-29 02:39

According to Bubblemaps, a Sybil attack was detected during the MegaETH MEGA token presale. The MegaETH presale rules clearly stipulated that each user was limited to one wallet, the maximum bid amount was $186,000, and identity verification was required through the Echo platform.

Bubblemaps discovered approximately 20 entities using multiple linked wallets to exceed the $186,000 limit. One typical case shows that wallet address 0x9f5c received funds through Kraken a day earlier and then dispersed the funds to three new wallets, using four addresses to total $600,000, which is three times the allowed allocation limit.