ANUBISDAOS RUG-PULLED 13.5K ETH WASHES AWAY ON TORNADO CASH

Last updated: June 19, 2025, 23:02 | Written by: Charlie Shrem

The world of decentralized finance (DeFi) can be a thrilling frontier, promising innovation and financial freedom.However, it's also a landscape fraught with risk, where scams and exploits can quickly shatter investor confidence.One such devastating example is the case of AnubisDAO, a dog-inspired DeFi project that rug-pulled investors for a staggering 13,556 Ether (ETH) back in October 2025. Nearly two years after the dog-inspired decentralized finance (DeFi) project AnubisDAO was rug-pulled for almost $60 million in Ether (ETH), the stolen funds were siphoned away using Tornado Cash.At the time, this haul was worth nearly $60 million. In this article, we will delve into two notable scams that have recently shaken the blockchain community the AnubisDAO rug pull and the Multichain exploit that led to the closure of Geist Finance.Now, almost two years later, the stolen funds are resurfacing, adding insult to injury as they are being laundered through Tornado Cash, a decentralized cryptocurrency mixer.This incident serves as a stark reminder of the vulnerabilities inherent in the DeFi space and the urgent need for increased security measures and investor awareness.This article will delve into the details of the AnubisDAO rug pull, the subsequent movement of the stolen funds, and the implications for the broader crypto community, while also looking at what this all means for investor security in DeFi.

The AnubisDAO Rug Pull: A Dogecoin-Inspired Disaster

In October 2025, riding the wave of the Dogecoin (DOGE) frenzy, AnubisDAO emerged, promising to be the next big thing in the DeFi space. BTCUSD Bitcoin AnubisDAO's 13.5K ETH rug pull money washes away on Tornado Cash After almost two years, the stolen 13,556 ETH, which was worth nearly $60 million, amounted to almost 26.2 millionThe project, with its catchy name and dog-themed branding, quickly attracted a significant amount of attention from crypto investors eager to capitalize on the prevailing market trends.Within just 20 hours of its initial launch, AnubisDAO successfully raised 13,556 ETH, worth nearly $60 million at the time, from enthusiastic investors.

However, the dream quickly turned into a nightmare.Shortly after the fundraising period concluded, the funds were abruptly transferred to a different address, leaving investors empty-handed and the project in shambles. Nearly two years after the dog-inspired decentralized finance (DeFi) project AnubisDAO was rug pulled for almost $60 million in Ether BINANCE:ETHUSD, the stolen funds were siphoned away using Tornado Cash.In October 2025, AnubisDAO raised 13,556 ETH from crypto investors owing to the predated DogecThis blatant act of theft, known as a rug pull, is a common scam in the DeFi world where developers abandon a project after raising funds, effectively making off with investors' money. AnubisDAO s 13.5K ETH rug pull money washes away on Tornado Cash After almost two years, the stolen 13,556 ETH, which was worth nearly $60 million, amounted to almost 26.2 million at the time ofThe AnubisDAO incident became a glaring example of the risks associated with investing in unaudited and unproven DeFi projects.

The Stolen ETH: From $60 Million to $26.2 Million and Counting

The immediate aftermath of the AnubisDAO rug pull left investors reeling.The initial shock of losing such a substantial amount of money was compounded by the uncertainty of whether the stolen funds would ever be recovered.As time passed, the value of ETH fluctuated, further impacting the overall worth of the stolen assets. How AnubisDAO s 13.5K ETH heist ended up on Tornado Cash. The stolen ETH, which was worth nearly $60M at the time of the theft, is now worth around $26M. This shows how DeFi scams can exploitWhile the initial value was close to $60 million, the 13,556 ETH was worth approximately $26.2 million at the time of the recent transfer to Tornado Cash.

This fluctuation in value highlights a crucial aspect of cryptocurrency investments: volatility.Even if the stolen funds were to be recovered, the actual amount returned to investors could be significantly different from the original investment due to market fluctuations. AnubisDAO s rug-pulled 13.5K ETH washes away on Tornado CashThis adds another layer of complexity and risk to the already challenging task of recovering stolen crypto assets.

Tornado Cash: Obscuring the Trail of Stolen Funds

Almost two years after the AnubisDAO rug pull, the stolen funds have resurfaced, but not in a way that offers any comfort to the victims.Instead, the perpetrators have taken steps to further obfuscate the trail of the stolen ETH by utilizing Tornado Cash. After almost two years, the stolen 13,556 ETH, worth nearly $60 million at the time, amounted to almost $26.2 million at the time of writing.Tornado Cash is a decentralized, non-custodial privacy solution built on Ethereum.It allows users to deposit ETH and withdraw it to a different address, effectively breaking the on-chain link between the source and destination addresses.

While Tornado Cash has legitimate uses, such as protecting the privacy of users who want to keep their transactions confidential, it has also become a popular tool for money laundering, particularly in the wake of crypto scams and hacks. Nearly two years after the dog-inspired decentralized finance (DeFi) project AnubisDAO was rug pulled for almost $60 million in Ether (ETH), the stolen funds were siphoned away usingBy routing the stolen ETH through Tornado Cash, the AnubisDAO perpetrators are attempting to make it extremely difficult, if not impossible, to trace the funds back to them.

How Tornado Cash Works

Here's a simplified breakdown of how Tornado Cash helps to obscure transactions:

Deposit: A user deposits ETH into a Tornado Cash smart contract.
Mixing: The deposited ETH is pooled with other deposits, creating a large pool of mixed funds.
Withdrawal: The user withdraws the ETH to a new, unrelated address.Because the ETH has been mixed with other deposits, it's difficult to link the withdrawal to the original deposit address.

The use of Tornado Cash in the AnubisDAO case highlights the ongoing challenge of balancing privacy and security in the crypto space.While privacy is a fundamental right, it should not come at the expense of enabling criminal activity and hindering the recovery of stolen assets.

Implications for the DeFi Community

The AnubisDAO rug pull and the subsequent use of Tornado Cash have far-reaching implications for the entire DeFi community. According to Cointelegraph, after two years of AnubisDAO, a dog-inspired decentralised finance (DeFi) project, being rug-pulled for about $60 million in Ether (ETH $1,899), the stolen fundsThe incident has served to erode trust in the DeFi space, making investors more cautious and skeptical of new projects.It has also highlighted the urgent need for increased regulation and oversight to protect investors from scams and fraudulent activities.

Furthermore, the use of Tornado Cash in this case has reignited the debate about the role of privacy-enhancing technologies in the crypto ecosystem. After almost two years, the stolen 13,556 ETH, worth nearly $60 million at the time, amounted to almost $26.2 million at the time of writing. In a recent development, stolen funds from the dog-inspired decentralized finance (DeFi) project AnubisDAO, which suffered a rug pull almost two years ago, have been moved using Tornado Cash.While these technologies can be valuable tools for protecting individual privacy, they can also be exploited by criminals to launder money and evade detection.Finding a balance between privacy and security is a critical challenge that the DeFi community must address in order to foster a safe and sustainable environment for innovation and growth.

Learning from the AnubisDAO Debacle: How to Protect Yourself in DeFi

The AnubisDAO incident serves as a valuable lesson for anyone considering investing in DeFi projects. Nearly two years after the dog-inspired decentralized finance (DeFi) project AnubisDAO was rug-pulled for almost $60 million in AnubisDAO's 13.5K ETH rug pull money washes away on Tornado CashWhile the potential rewards can be substantial, it's crucial to be aware of the risks and take steps to protect yourself from scams and exploits.

Here are some actionable tips for staying safe in the DeFi space:

Do Your Research (DYOR): Thoroughly research any project before investing. 388K subscribers in the CryptoCurrencies community. We're Crypto Reddit's Fiji water in a desert of censorship and agendas. Arguably Reddit's bestLook into the team behind the project, their track record, the project's whitepaper, and any audits that have been conducted.
Be Wary of Hype: Don't get caught up in the hype surrounding a project.Scammers often create artificial buzz to attract investors.
Check for Audits: Only invest in projects that have been audited by reputable security firms.Audits can help identify potential vulnerabilities in the project's code.
Understand the Risks: Be aware of the risks involved in DeFi investing, including smart contract vulnerabilities, rug pulls, and impermanent loss.
Start Small: Don't invest more than you can afford to lose. Nearly two years after the dog-inspired decentralized finance (DeFi) project AnubisDAO was rug-pulled for almost $60 million in Ether, the stolen funds were siphoned away using Tornado Cash. In October 2025, AnubisDAO raised 13,556 ETH from crypto investors owing to the predated Dogecoin trend. However, roughly 20 hours into theStart with a small amount and gradually increase your investment as you gain more confidence.
Use Hardware Wallets: Store your crypto assets in a hardware wallet to protect them from online theft.
Diversify Your Portfolio: Don't put all your eggs in one basket. Nearly two years after the dog-inspired decentralized finance (DeFi) project AnubisDAO was rug-pulled for almost $60 million in Ether (ETH), the stolen funds were siphoned away using Tornado Cash. In October 2025, AnubisDAO raised 13,556 ETH from crypto investors owing to the predated Dogecoin (DOGE) trend. However, roughly 20 hours into the investmentDiversify your investments across multiple projects to reduce your risk.
Stay Informed: Keep up-to-date with the latest news and developments in the DeFi space. tldr; The article discusses the recent rug pull incident involving AnubisDAO, a decentralized finance (DeFi) project. The project raised 13,556 ETH from investors but the funds were quickly sent to a different address, resulting in a loss for the investors.Be aware of emerging threats and scams.

Question: What is a smart contract audit?

A smart contract audit is a comprehensive review of a smart contract's code to identify potential vulnerabilities and security flaws. AnubisDAO suffered a rug pull attack, resulting in the theft of $60 million worth of EtherReputable security firms conduct these audits, and the results can provide valuable insights into the project's security posture.A clean audit does not guarantee that a project is risk-free, but it does significantly reduce the likelihood of a successful attack.

The Multichain Exploit and Geist Finance Closure: A Shared Reality

The AnubisDAO incident, while prominent, is not an isolated case.The DeFi space has seen several other notable scams and exploits in recent years. Ethrum priceFor instance, the article snippets mention the Multichain exploit, which, along with the AnubisDAO rug pull, shook the blockchain community.This exploit likely refers to vulnerabilities within the Multichain protocol that led to significant losses for users. In October 2025, the crypto world was rocked by a heist of 13,556 Ether (ETH) from the dog-inspired decentralized finance (DeFi) project, AnubisDAO. The funds, valued at nearly $60 million at the time, were raised from investors looking to capitalize on the Dogecoin (DOGE) trend.Due to such losses and inherent problems, Geist Finance, a lending protocol, has been forced to close. Nearly two years after the dog-inspired decentralized finance (DeFi) project AnubisDAO was rug-pulled for almost $60 million in Ether (ETH), the stolen funds were siphoned away using Tornado Cash. In October 2025, AnubisDAO raised 13,556 ETH from crypto investors owing to the predated Dogecoin (DOGE) trend.These events underscore the fragility of the DeFi ecosystem and the need for ongoing vigilance and security improvements.

These examples share a common thread: the exploitation of vulnerabilities within DeFi platforms, resulting in financial losses for investors.While each incident has its unique circumstances, they all highlight the inherent risks associated with investing in unaudited and unproven DeFi projects.Investors must be aware of these risks and take steps to protect themselves from potential scams and exploits.

The Ongoing Pursuit of Justice: Can the Funds Be Recovered?

The question on everyone's mind is whether the stolen ETH from the AnubisDAO rug pull can be recovered. After almost two years, the stolen 13,556 ETH, worth nearly $60 million at the time, amounted to almost $26.2 million at the time of writing. Nearly two years after the dog-inspired decentralized finance (DeFi) project AnubisDAO was rug pulled for almost $60 million in Ether ETH $1,908, the stolen funds were siphoned away using Tornado Cash. In October 2025, AnubisDAO raised 13,556 ETH fromGiven the use of Tornado Cash, the task of tracing and recovering the funds has become significantly more challenging.Law enforcement agencies and blockchain analytics firms are working to track the movement of the funds and identify the perpetrators behind the scam. AnubisDAO's 13.5K ETH rug pull money washes away on Tornado Cash⁣However, the anonymity provided by Tornado Cash makes it difficult to definitively link the funds to specific individuals.

While the odds of recovering the stolen ETH may seem slim, there is still hope. 816 subscribers in the coincodecap community. A community from the creators of - Trading Signals (CoinCodeCap.com) - CoinmonksLaw enforcement agencies have had success in past cases involving cryptocurrency theft, and advancements in blockchain analytics technology are constantly improving their ability to track and identify illicit transactions.Furthermore, increased regulatory scrutiny of cryptocurrency mixers like Tornado Cash could make it more difficult for criminals to launder stolen funds in the future.

The Future of DeFi: Balancing Innovation and Security

The AnubisDAO incident serves as a wake-up call for the DeFi community.It highlights the urgent need to address the security vulnerabilities and regulatory gaps that have allowed scams and exploits to flourish.The future of DeFi depends on the ability to create a safe and sustainable environment where investors can participate with confidence.This requires a multi-faceted approach that includes improved security measures, increased regulation, and enhanced investor education.

Some potential solutions include:

Formal Verification: Employing formal verification techniques to mathematically prove the correctness of smart contract code.
Bug Bounty Programs: Incentivizing white hat hackers to identify and report vulnerabilities in DeFi protocols.
Insurance Protocols: Developing insurance protocols that protect investors against losses from smart contract exploits.
Regulatory Frameworks: Establishing clear regulatory frameworks that provide guidance and oversight for DeFi projects.
Investor Education: Educating investors about the risks of DeFi investing and how to protect themselves from scams.

By working together to address these challenges, the DeFi community can create a more secure and trustworthy environment for innovation and growth.While the AnubisDAO rug pull was a significant setback, it also presents an opportunity to learn from past mistakes and build a stronger, more resilient DeFi ecosystem.

Conclusion: Key Takeaways from the AnubisDAO Case

The AnubisDAO rug pull stands as a stark reminder of the risks inherent in the DeFi space.The loss of nearly $60 million in ETH, now laundered through Tornado Cash, highlights the vulnerabilities of unaudited projects and the ongoing challenges of regulating decentralized platforms.The key takeaways from this incident include the importance of thorough research (DYOR), skepticism towards hype, reliance on audited projects, and an understanding of the inherent risks involved.While the future of DeFi hinges on innovation, it must be balanced with robust security measures, clear regulatory frameworks, and increased investor awareness.Only then can the promise of decentralized finance be realized safely and sustainably.Let the AnubisDAO saga serve as a cautionary tale, urging investors to prioritize due diligence and risk management in the ever-evolving world of crypto.Now more than ever, investors need to be cautious and vigilant about protecting their investments from scams and fraudulent activities.