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Hack history / 2024 / Rug pull

Rivus DAO

Rug pull on Sep 16, 2024 · Backdoor Contract

ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked

What happened

Rivus DAO's Bittensor liquid-staking protocol was drained when a contracted developer inserted a backdoor in the migration contract. The team recovered funds using the developer's identity documents. Rivus relaunched on October 1, 2024.

Details

Date
Sep 16, 2024
Kind
Rug pull
Method
Backdoor Contract
How in
Insiders: rug pulls, frauds, collapses
Target
DeFi protocol
Chains
Ethereum

After the theft

Recovered or seized
yes, amount not stated
“The team recovered funds using the developer's identity documents.” (DefiLlama)

Reported by

Cite this pageSwanBluechip, "Rivus DAO rug pull, Sep 16, 2024: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht60c825715b/ (data as of 2026-11-01).
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