According to Bubblemaps monitoring, a single entity obtained 40% of the Fabric Protocol token ROBO airdrop (approximately 199 million tokens), valued at approximately $8 million at the time of token listing. Two months before ROBO went live on February 27, this entity used funds from 7 exchanges to seed approximately 7,500 new wallets with initial capital. These wallets received similar amounts of ETH, which were transferred through 3 layers of new wallets to cover their tracks, ultimately completing a Sybil attack and claiming airdrops. Fabric previously received $20 million in financing from investors including Coinbase. Currently, there is no evidence linking this behavior to the project's core team.

ROBO-2.29%
ETH0.81%
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