Summary
8ight Finance (also referred to as 8ightDAO) was an OHM fork launched on the Harmony blockchain in October 2021, positioning itself as a relief project for victims of the Snowdog DAO rug pull. In December 2021, approximately $1.75 million in treasury stablecoins was drained after the team admitted to transmitting private keys through Facebook group chat and Google Drive. The incident is disputed: community members alleged an intentional rug pull while the team claimed external compromise, but funds were sent to Tornado Cash making attribution impossible.
Connected Entities
1 entities · 10 linked investigationsTimeline(4 events)
2021-10-26
8ight Finance Twitter account created, indicating approximate project launch on Harmony blockchain.
8ight Finance Twitter profile archive2021-12-06
Treasury drain announced. Approximately $1.75 million in stablecoins stolen via compromised private key. Team admits key was shared via Facebook chat and Google Drive. Funds routed to Tornado Cash.
Web3 Is Going Great2021-12-07
Team proposes two-option recovery plan: rebuild on AVAX with airdrop, or distribute $250,000 marketing funds to holders.
CoinCodeCap2021-12-08
rekt.news publishes full post-mortem, noting the absence of promised multi-sig, raising the possibility of intentional insider theft.
rekt.newsDecision Log
- hash: 71xEs8w35Awu4v9AuKbq62j7t7DdcKJRLe5HZdM9xTMS
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:52 AM
last updated: 5/28/2026, 5:44:18 PM
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