According to Bubblemaps monitoring, a single entity obtained 40% of the Fabric Protocol token ROBO airdrop allocation (approximately 199 million tokens), worth approximately $8 million at the time of token listing. Two months before ROBO went live on February 27, this entity funded approximately 7,500 new wallets using funds from 7 exchanges with similar amounts of ETH. These wallets transferred funds through 3 layers of new wallets to cover tracks before ultimately executing a Sybil attack and claiming the airdrop. It is understood that Fabric previously received $20 million in financing participated by Coinbase and others. There is currently no evidence suggesting this behavior is related to the project's core team.

ROBO-2.29%
ETH0.81%
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