Digital Asset
Intelligence
Security Incident · Tron Ecosystem

SharkTron Rug Pull: $10.00M Reported Loss

·Historical incident record

Incident Overview

According to FXStreet, the community accused Daniel Wood of the DeFi project based on the Tron blockchain and the anonymous developer of the JustSwap whitelist project SharkTron for running away. Although the specific losses are not yet known, Twitter users reported that they lost 366 million to 400 million TRX (worth about 10 million US dollars). The TRON Foundation officially tweeted that it has contacted Binance to jointly track down the stolen funds and related personnel, and that some funds have been frozen by Binance. The TRON Foundation will also cooperate with other exchanges to track stolen funds. In addition, the TRON Foundation recommends that the victims submit a report to the local police.

Sources & References

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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