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Hack history / 2024 / Rug pull

ETHTrustFund

Rug pull on Jul 21, 2024 · Treasury Misappropriation

SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$2.1M
sources: $2M to $2.2M
Returned
none listed
as the sources state it
Rank
#669
among thefts by dollars lost

What happened

ETHTrustFund, an Olympus DAO fork on Base, suffered a rug pull on July 20-22, 2024 when the developer transferred the entire treasury (607 ETH, $2.1 million) to Tornado Cash and Railgun mixers and deleted all project websites and social media, executing an exit scam.

Details

Date
Jul 21, 2024
Kind
Rug pull
Method
Treasury Misappropriation
How in
Insiders: rug pulls, frauds, collapses
Target
DeFi protocol
Chains
Base, Ethereum

Reported by

Cite this pageSwanBluechip, "ETHTrustFund rug pull, Jul 21, 2024: $2.1M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht4848674bf1/ (data as of 2026-11-01).
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