Scammers Exploit GIWA Mainnet to Steal Over $2 Million
- DYORSWAP identified a fraudulent blockchain masquerading as GIWA Mainnet, using the correct Chain ID, 9134.
- Affected users lost over $2 million, with more than 766 ETH transferred through the fake bridge.
- DYORSWAP is investigating the incident and plans to compensate eligible users from its treasury funds.
- The GIWA project team confirmed that its main network has not yet launched and advised users to verify smart contracts carefully.
The fraudulent network’s use of the legitimate Chain ID allowed it to deceive users during initial verification processes. DYORSWAP is working with security teams to trace transactions and preserve evidence related to this scam.
With losses exceeding $2 million, DYORSWAP is committed to compensating affected users after completing their investigation and loss-verification process.(Source)
