Cryptocurrency E News This crypto investor says he just lost $470,000

 Key Takeaways

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  • AnubisDAO, a newly-launched dog-themed crypto project, has suffered an massive attack.
  • 13,556.36 ETH, worth approximately $60 million at the time of the attack, were drained from AnubisDAO liquidity pool.
  • Several community members have suspected the incident could be a rug pull.
  • Brian Nguyen says he “unexpectedly woke up” on Friday to see that he’d lost nearly $470,000 he had invested in a crypto project, he tells CNBC Make It.

    It’s “pretty painful,” Nguyen says.

    Nguyen admits that he didn’t investigate the project thoroughly prior to investing. “We, in crypto, tend to have a ‘buy first, do research later,’ mentality,” he says.

    It is currently unclear what exactly happened with the project that Nguyen invested in.

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