Non-fungible token (NFT) platform OpenSea says it is not aware of any evidence indicating a former employee was involved in the infamous AnubisDAO rug-pulling in 2021 following new allegations on social media.
In an October 6 thread on He was involved in "Several dubious businesses."
1/ Dear @Open seaWhat do you make of the fact that your corporate boss, Kevin Pawlak, has been involved in several very dubious businesses (e.g. Anubis) and pump and dump schemes under his pseudonym? @0xSisyphus (& 0xMagallanes)? pic.twitter.com/GzIVLJirLE
– NFT Ethics (@NFTethics) October 6, 2023
Both NFT Ethics and blockchain analytics account Lookonchain alleged that 0xSisyphus, and therefore Pawlak, played a key role in promoting the AnubisDAO project to investors shortly before the project. transferred the newly raised funds to a series of external wallets.
The NFT Ethics thread attempted to explain that Pawlak's alleged role in the AnubisDAO rug-pulling was premeditated with other developers and he laundered the proceeds through the Pepe (PEPE) memecoin.
However, an OpenSea spokesperson told Cointelegraph that he was not aware of Pawlak's involvement in such activities, but also noted that Palwak had a "limited scope" while working there.
“Kevin is a former employee who left the company in June 2023. He had limited scope while at OpenSea, where he worked in a non-management position. We are not aware of his involvement in the projects in question.”
"Furthermore, we do not have any connection or information about the projects in question, as they took place before his stay at OpenSea," said the company representative.
In October 2021, AnubisDAO raised 13,556 Ether (ETH), valued at $60 million at the time, from crypto investors. However, about 20 hours later, the funds were sent to several different wallet addresses, resulting in an instant loss for investors.
Blockchain sleuth ZachXBT also appeared to throw cold water on the allegations, saying the thread was “one of the most middle-of-the-road things” he had read.
He added that much of the thread seemed to base many assumptions about 0xSisyphus's role in the alleged rug pulling using "unrelated events without facts."
That thread is one of the most middle-of-the-road things I've ever read. They make a lot of assumptions about unrelated events without facts.
FixFloat generates tons of volume and the same goes for the other exchanges mentioned. Here is the source address of the April 2023 FixFloat insider PEPE buys I... https://t.co/0kG2M7DNVi
- ZachXBT (@zachxbt) September 29, 2023
It is also understood that 0xSisyphus once offered a 1,000 ETH reward to anyone who could identify the wallet address that depleted the fund and compromised authorities in both the United States and Hong Kong, raising even more doubts about the new accusations.
Related: AnubisDAO's 13.5K ETH disappear into Tornado Cash
“Is Sisyphus to blame for gross negligence for lying about the Anubis multi-signature team? Absolutely 100%. A civil case for the victims is probably possible,” ZachXBT wrote.
ZachXBT noted that negligence in this case is very different from stealing money from the project itself. “[As far as I know,] Sisyphus was the only member of the team who spoke to him. [Department of Homeland Security].”
“Do you really think they didn't look at him first and monitor his activity?” ZachXBT asked.
He also explained that the two actors most likely responsible for the loss of funds during the AnubisDAO scandal were two pseudonymous users known only as "Beerus" and "Ersan."
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