BlockBeats News, October 19th. According to on-chain analyst Auntie Ai (@ai_9684xtpa), the Alpha token RVV experienced a sharp drop. The project team stated that a third-party custody account was compromised. On-chain data shows that related parties maliciously sold off tokens to earn at least $9.09 million. The timeline is as follows:
Binance Alpha went online with RVV at 9:00 PM last night and deployed the contract at 9:30 PM;
22 hours ago, the project team's multi-signature address transferred 800 million tokens to 8 multi-signature addresses;
12 hours ago, the multi-signature address that received the tokens began abnormally distributing tokens to dozens of new addresses, followed by batch selling and maliciously crashing the price;
Two main manipulation addresses made profits exceeding $6.18 million.