According to a report from Jinse Finance, Bubblemaps has revealed that Sybil Attack activities have been detected in the MEGA Token presale of MegaETH. It is reported that the presale rules of MegaETH clearly state that each user is limited to using 1 Wallet, with a maximum bidding amount of 186,000 USD, and identification must be completed through the Echo platform.
Bubblemaps discovered about 20 entities using multiple associated wallets to break the limit of $186,000. One typical case shows that the wallet address 0x9f5c received funds through Kraken a day ago and then dispersed the funds to 3 new wallets, using 4 addresses totaling $600,000, which is 3 times the allowed allocation.
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Bubblemaps: MEGA presale has Sybil Attack behavior
According to a report from Jinse Finance, Bubblemaps has revealed that Sybil Attack activities have been detected in the MEGA Token presale of MegaETH. It is reported that the presale rules of MegaETH clearly state that each user is limited to using 1 Wallet, with a maximum bidding amount of 186,000 USD, and identification must be completed through the Echo platform. Bubblemaps discovered about 20 entities using multiple associated wallets to break the limit of $186,000. One typical case shows that the wallet address 0x9f5c received funds through Kraken a day ago and then dispersed the funds to 3 new wallets, using 4 addresses totaling $600,000, which is 3 times the allowed allocation.