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OpenSea Claims No Knowledge of Former Executive's Involvement in $60M Rug Pull

OpenSea Claims No Knowledge of Former Executive’s Involvement in $60M Rug Pull

OpenSea, a nonfungible token (NFT) platform, has responded to accusations that a former employee, Kevin Pawlak, was involved in the AnubisDAO rug pull in 2021. The accusations were made by the anonymous account NFT Ethics on social media. Both NFT Ethics and blockchain analytics account Lookonchain alleged that Pawlak, under the pseudonymous identity “0xSisyphus,” played a key role in hyping the AnubisDAO project and transferring the raised funds to external wallets. However, OpenSea stated that it is unaware of Pawlak’s involvement in such activities and emphasized that he had a limited scope while working at the company. AnubisDAO raised 13,556 Ether (ETH) from investors, but the funds were sent to different wallet addresses, resulting in a loss for investors. Blockchain sleuth ZachXBT expressed doubts about the accusations, stating that the thread made assumptions based on unrelated events without facts. It was also revealed that 0xSisyphus had offered a bounty to identify the wallet address that drained the pool and engaged law enforcement. ZachXBT suggested that negligence rather than theft may be at fault in the AnubisDAO scandal. The key points are:

– OpenSea denies any knowledge of Kevin Pawlak’s involvement in the AnubisDAO rug pull.

– Accusations were made by NFT Ethics and Lookonchain, alleging that Pawlak played a key role in hyping the project and transferring funds to external wallets.

– OpenSea emphasizes that Pawlak had a limited scope while working at the company.

– AnubisDAO raised funds from investors but later sent them to different wallet addresses, resulting in a loss for investors.

– ZachXBT expresses doubts about the accusations, stating that they are based on assumptions without facts.

– 0xSisyphus offered a bounty to identify the wallet address that drained the pool and engaged law enforcement.

– ZachXBT suggests that negligence rather than theft may be at fault in the AnubisDAO scandal.

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