A single entity has reportedly manipulated the $IRYS token airdrop by utilizing 900 identical wallets to claim around 20% of the total distribution. According to chain analysis platform Bubblemaps, these wallets were funded just before the project's launch. The entity has already cashed out $4 million from this operation, raising concerns about the integrity of the airdrop process.
Entity Exploits $IRYS Airdrop, Nets $4M Using 900 Wallets
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