Audit log

Every state-changing event for ArbiSwap: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions are designed to carry three independent witnesses — the original source, an Internet Archive snapshot, and a Solana memo signed by our publicly-disclosed publisher key. Archive coverage is still being backfilled, so each decision below reports its own snapshot status rather than assuming one exists.

1. #1publishby system:backfill

   2026-05-30 12:14:44Z
   Score: ? → ? (no score change)
   anchoranchored

   chain

   ●mainnet-betaslot 423,154,332

   sig

   2Xc9dnSQLViM…5YRQ9885copyexplorer ↗

   hash

   FGbGnjmd7MaK…MbmnsgRxcopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (10760 B) ▸

   {"actor":"system:backfill","investigation_id":"abc33bc1-50c8-4c5b-b465-b896e5299045","kind":"publish","page_slug":"arbiswap","published_at":"2026-05-30T12:14:44.206Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"ArbiSwap","sections":[{"content":"","heading":"","severity":"high","sources":[{"credibility":1,"name":"Arbitrum DEX ArbiSwap Rug Pulls Users for Over $100K — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2023/03/02/arbitrum-dex-arbiswap-rug-pulls-users-for-over-100k"},{"credibility":2,"name":"Arbitrum-based DEX ArbiSwap rugs users days after launch — CryptoSlate","type":"news_article","url":"https://cryptoslate.com/arbitrum-based-dex-arbiswap-rugs-users-days-after-launch-token-down-99/"},{"credibility":2,"name":"Rugged! Investors Lose $112k to Arbitrum DEX ArbiSwap — CoinFomania","type":"news_article","url":"https://coinfomania.com/investors-lose-112k-to-arbiswap-rugpull/"}]},{"content":"","heading":"","severity":"critical","sources":[{"credibility":2,"name":"Arbitrum DEX ArbiSwap Allegedly Rug-Pulling its Own Users — BeInCrypto","type":"news_article","url":"https://beincrypto.com/is-arbiswap-rugging-own-users/"},{"credibility":2,"name":"RugDoc Alerts the Public Over an Ongoing Rug Pull on ArbiSwap — Investing.com / CoinEdition","type":"news_article","url":"https://www.investing.com/news/cryptocurrency-news/rugdoc-alerts-the-public-over-an-ongoing-rug-pull-on-arbiswap-3020607"},{"credibility":2,"name":"Arbitrum-based ArbiSwap token collapses by 99.9% — GetBlock","type":"news_article","url":"https://getblock.net/en/news/arbitrum-based-arbiswap-token-collapses-by-999"},{"credibility":2,"name":"Arbitrum DEX ArbiSwap rug-pulled by developer — crypto.news","type":"news_article","url":"https://crypto.news/arbitrum-dex-arbiswap-rug-pulled-by-developer/"}]},{"content":"","heading":"","severity":"critical","sources":[{"credibility":1,"name":"Arbiswap Token (ARBI) Token Tracker — Arbiscan","type":"on_chain","url":"https://arbiscan.io/token/0x9dB8a10C7FE60d84397860b3aF2E686D4F90C2b7"},{"credibility":2,"name":"Arbitrum-based DEX ArbiSwap rugs users days after launch — CryptoSlate","type":"news_article","url":"https://cryptoslate.com/arbitrum-based-dex-arbiswap-rugs-users-days-after-launch-token-down-99/"},{"credibility":2,"name":"Rugged! Investors Lose $112k to Arbitrum DEX ArbiSwap — CoinFomania","type":"news_article","url":"https://coinfomania.com/investors-lose-112k-to-arbiswap-rugpull/"}]},{"content":"","heading":"","severity":"critical","sources":[{"credibility":2,"name":"Rug Pull Alert: Large Arbitrum DEX ArbiSwap Hardrugging Its Users — U.Today","type":"news_article","url":"https://u.today/rug-pull-alert-large-arbitrum-dex-arbiswap-hardrugging-its-users-heres-what-you-must-do"},{"credibility":2,"name":"RugDoc Alerts the Public Over an Ongoing Rug Pull on ArbiSwap — Investing.com / CoinEdition","type":"news_article","url":"https://www.investing.com/news/cryptocurrency-news/rugdoc-alerts-the-public-over-an-ongoing-rug-pull-on-arbiswap-3020607"},{"credibility":1,"name":"Arbiswap Token (ARBI) Token Tracker — Arbiscan","type":"on_chain","url":"https://arbiscan.io/token/0x9dB8a10C7FE60d84397860b3aF2E686D4F90C2b7"},{"credibility":2,"name":"Users Lose Over $100K In ArbiSwap Rug Pull — Crypto Daily","type":"news_article","url":"https://cryptodaily.co.uk/2023/03/users-lose-over-100k-dollars-in-arbiswap-rug-pull"}]},{"content":"","heading":"","severity":"critical","sources":[{"credibility":1,"name":"Arbitrum DEX ArbiSwap Rug Pulls Users for Over $100K — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2023/03/02/arbitrum-dex-arbiswap-rug-pulls-users-for-over-100k"},{"credibility":2,"name":"Arbitrum DEX ArbiSwap rug-pulled by developer — crypto.news","type":"news_article","url":"https://crypto.news/arbitrum-dex-arbiswap-rug-pulled-by-developer/"},{"credibility":2,"name":"The ArbiSwap Exploit And Its Collateral Damage — BitDegree","type":"news_article","url":"https://www.bitdegree.org/crypto/news/arbiswap-exploit-collateral-damage"},{"credibility":1,"name":"Arbiswap Token (ARBI) Token Tracker — Arbiscan","type":"on_chain","url":"https://arbiscan.io/token/0x9dB8a10C7FE60d84397860b3aF2E686D4F90C2b7"}]},{"content":"","heading":"","severity":"high","sources":[{"credibility":2,"name":"Investigations by ZachXBT — Telegram Channel (@investigations)","type":"social_media","url":"https://t.me/investigations"},{"credibility":2,"name":"ZachXBT — Wikipedia","type":"other","url":"https://en.wikipedia.org/wiki/ZachXBT"},{"credibility":2,"name":"Arbitrum DEX ArbiSwap Allegedly Rug-Pulling its Own Users — BeInCrypto","type":"news_article","url":"https://beincrypto.com/is-arbiswap-rugging-own-users/"}]}],"sources_used":[{"credibility":1,"name":"Arbitrum DEX ArbiSwap Rug Pulls Users for Over $100K — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2023/03/02/arbitrum-dex-arbiswap-rug-pulls-users-for-over-100k"},{"credibility":2,"name":"Arbitrum-based DEX ArbiSwap rugs users days after launch — CryptoSlate","type":"news_article","url":"https://cryptoslate.com/arbitrum-based-dex-arbiswap-rugs-users-days-after-launch-token-down-99/"},{"credibility":2,"name":"Arbitrum DEX ArbiSwap rug-pulled by developer — crypto.news","type":"news_article","url":"https://crypto.news/arbitrum-dex-arbiswap-rug-pulled-by-developer/"},{"credibility":2,"name":"Arbitrum DEX ArbiSwap Allegedly Rug-Pulling its Own Users — BeInCrypto","type":"news_article","url":"https://beincrypto.com/is-arbiswap-rugging-own-users/"},{"credibility":2,"name":"RugDoc Alerts the Public Over an Ongoing Rug Pull on ArbiSwap — Investing.com / CoinEdition","type":"news_article","url":"https://www.investing.com/news/cryptocurrency-news/rugdoc-alerts-the-public-over-an-ongoing-rug-pull-on-arbiswap-3020607"},{"credibility":2,"name":"Rug Pull Alert: Large Arbitrum DEX ArbiSwap Hardrugging Its Users — U.Today","type":"news_article","url":"https://u.today/rug-pull-alert-large-arbitrum-dex-arbiswap-hardrugging-its-users-heres-what-you-must-do"},{"credibility":2,"name":"Rugged! Investors Lose $112k to Arbitrum DEX ArbiSwap — CoinFomania","type":"news_article","url":"https://coinfomania.com/investors-lose-112k-to-arbiswap-rugpull/"},{"credibility":2,"name":"Arbitrum-based ArbiSwap token collapses by 99.9% — GetBlock","type":"news_article","url":"https://getblock.net/en/news/arbitrum-based-arbiswap-token-collapses-by-999"},{"credibility":2,"name":"The ArbiSwap Exploit And Its Collateral Damage — BitDegree","type":"news_article","url":"https://www.bitdegree.org/crypto/news/arbiswap-exploit-collateral-damage"},{"credibility":2,"name":"Users Lose Over $100K In ArbiSwap Rug Pull — Crypto Daily","type":"news_article","url":"https://cryptodaily.co.uk/2023/03/users-lose-over-100k-dollars-in-arbiswap-rug-pull"},{"credibility":2,"name":"ArbiSwap Rug Pull — Decrypt Flash","type":"news_article","url":"https://flash.decrypt.co/en?id=125474"},{"credibility":1,"name":"Arbiswap Token (ARBI) Token Tracker — Arbiscan","type":"on_chain","url":"https://arbiscan.io/token/0x9dB8a10C7FE60d84397860b3aF2E686D4F90C2b7"},{"credibility":2,"name":"ArbiSwap TVL Stats — DeFiLlama","type":"research","url":"https://defillama.com/protocol/arbiswap"},{"credibility":2,"name":"Investigations by ZachXBT — Telegram Channel (@investigations)","type":"social_media","url":"https://t.me/investigations"}],"summary":"ArbiSwap was a decentralized exchange (DEX) launched on the Arbitrum network in February 2023 that executed a rug pull on March 2, 2023, approximately six days after launch, stealing roughly 84 ETH (over $100,000) from users and moving the proceeds through Tornado Cash. The anonymous developer exploited a hidden 'recoverToken' function in a swapped smart contract to drain liquidity pools while the ARBI governance token collapsed more than 99% in value. The project attracted $4.4 million in total value locked by advertising unsustainable yields above 1,000% APY before abandoning the protocol and going silent.","timeline":[{"date":"2023-02-24","event":"ArbiSwap launches on Arbitrum. The ARBI token is issued and liquidity pools open. The protocol reaches $1 million TVL within 30 minutes.","source":"CryptoSlate","source_url":"https://cryptoslate.com/arbitrum-based-dex-arbiswap-rugs-users-days-after-launch-token-down-99/"},{"date":"2023-02-28","event":"ArbiSwap TVL peaks near $4.4 million on DeFiLlama. The protocol advertises 1,000%+ APY on ETH and BTC pairs to attract liquidity.","source":"CoinDesk","source_url":"https://www.coindesk.com/tech/2023/03/02/arbitrum-dex-arbiswap-rug-pulls-users-for-over-100k"},{"date":"2023-03-01","event":"Approximately 13 hours before the rug pull, the developer silently swaps the project's router contract to a new address (0x5e7aBD428e2BE79af3317DbdF2BffC31BF7075cF) containing a hidden 'recoverToken' backdoor function.","source":"BeInCrypto / RugDocIO","source_url":"https://beincrypto.com/is-arbiswap-rugging-own-users/"},{"date":"2023-03-02","event":"The developer executes the rug pull: mints 1 trillion ARBI tokens, swaps them through the ARBI/USDC liquidity pool for USDC, then converts proceeds into approximately 68.47 ETH. The ARBI/WETH pool is accidentally left open; an arbitrage bot extracts roughly $112,000 from it.","source":"CoinFomania / PeckShield","source_url":"https://coinfomania.com/investors-lose-112k-to-arbiswap-rugpull/"},{"date":"2023-03-02","event":"RugDocIO issues an emergency public alert advising users to withdraw funds immediately and revoke all ArbiSwap token approvals. Total stolen estimated at ~84 ETH.","source":"Investing.com / CoinEdition","source_url":"https://www.investing.com/news/cryptocurrency-news/rugdoc-alerts-the-public-over-an-ongoing-rug-pull-on-arbiswap-3020607"},{"date":"2023-03-02","event":"ARBI token price collapses from approximately $1.50 to under $0.00000001, a decline of more than 99.9%. TVL drops from $4.4 million to approximately $269,000.","source":"U.Today / CoinDesk","source_url":"https://u.today/rug-pull-alert-large-arbitrum-dex-arbiswap-hardrugging-its-users-heres-what-you-must-do"},{"date":"2023-03-02","event":"CoinDesk, crypto.news, BeInCrypto, and U.Today publish reports on the rug pull. ArbiSwap's website and social media channels go silent with no developer statement.","source":"CoinDesk","source_url":"https://www.coindesk.com/tech/2023/03/02/arbitrum-dex-arbiswap-rug-pulls-users-for-over-100k"},{"date":"2023-03-02","event":"On-chain data shows the ArbiSwap operator routes approximately 84 ETH in stolen funds through Tornado Cash to obscure the destination.","source":"CryptoSlate","source_url":"https://cryptoslate.com/arbitrum-based-dex-arbiswap-rugs-users-days-after-launch-token-down-99/"}]},"v":1}

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2. #2rescoreby systemsystem

   2026-10-27 06:04:27Z
   Score: 2 → 0 (-2)
   Rescored under Scoring v2, the published formula (avoid.net/scoring): 2 → 0. The page establishes that the subject is itself a scheme, so the score is 0.
   anchoranchored

   chain

   ●mainnet-betaslot 461,964,153

   sig

   vY2jKeMoMLtU…ic5wMLEdcopyexplorer ↗

   hash

   F1kchMLD9y8h…ZeyHPQC3copysha256 → base58

   verifying row…full verify ↗

   canonical bytes (514 B) ▸

   {"actor":"system","decided_at":"2026-10-27T06:04:27.940Z","decision":"rescore","investigation_id":"abc33bc1-50c8-4c5b-b465-b896e5299045","new_score":0,"page_slug":"arbiswap","prev_score":2,"reason":"Rescored under Scoring v2, the published formula (avoid.net/scoring): 2 → 0. The page establishes that the subject is itself a scheme, so the score is 0.","score_delta":-2,"score_model":"v2","sequence_num":2,"submission_content_hash":null,"submission_id":null,"submission_kind":null,"submission_valence":null,"v":1}

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3. #3reviewby reviewerreviewer

   2026-11-02 00:19:08Z
   Score: 0 → 0 (no score change)
   The core narrative holds: February 24, 2023 launch, rug pull on March 2, 2023, $4.4M peak TVL, a 1 trillion token mint-dump netting 68.47 ETH, about 84 ETH sent to Tornado Cash, and a token collapse above 99%. Weak points are the separate arbitrage bot taking about $112K, which seems to double count the deployer's 68.47 ETH proceeds, and the 13-hour contract swap detail, which could not be checked because BeInCrypto returned 403. The ZachXBT claim has no support. Some claims are attributed to sources that do not contain them.
   anchoranchored

   chain

   ●mainnet-betaslot 464,291,235

   sig

   33cJ92PMtafE…FSnBrZyocopyexplorer ↗

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   3LS4Traumz57…2AcfRE54copysha256 → base58

   verifying row…full verify ↗

   canonical bytes (1376 B) ▸

   {"actor":"reviewer","artifact_identity":"7fab8ecaa4851876589084b4a08e31f4","blocked_count":2,"decided_at":"2026-11-02T00:19:08.625Z","decision":"review","disputed_pct":0.1667,"findings_hash":"FuCRDDfhp5CmscNMKDrvscacyru2PDvaaMqLKWHwryat","investigation_id":"abc33bc1-50c8-4c5b-b465-b896e5299045","judge_def_hash":"8800307026131ea9d5da939d32b9a1f1884b2b84a5de33c8e87931d36f38d0f8","new_score":0,"page_content_hash":"703d16a863c21f52f7459f0e3b84a3451a750c1946b553275038c2a4f77a4ef4","page_slug":"arbiswap","prev_score":0,"reason":"The core narrative holds: February 24, 2023 launch, rug pull on March 2, 2023, $4.4M peak TVL, a 1 trillion token mint-dump netting 68.47 ETH, about 84 ETH sent to Tornado Cash, and a token collapse above 99%. Weak points are the separate arbitrage bot taking about $112K, which seems to double count the deployer's 68.47 ETH proceeds, and the 13-hour contract swap detail, which could not be checked because BeInCrypto returned 403. The ZachXBT claim has no support. Some claims are attributed to sources that do not contain them.","reviewer_def_hash":"bc11388ce4bc4deea1b064fea362663ae06e3f4f687f99604769044d6ffba770","score_delta":0,"scored_claims":6,"sequence_num":3,"subject_status":"exploited","subject_status_contradicts_page":false,"submission_content_hash":null,"submission_id":null,"submission_kind":null,"submission_valence":null,"v":1}

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   python -m src.verify_decision f23666da-7945-4dbb-9791-b99b2b870126copy
4. #4review reviseby judgejudge

   2026-11-02 00:19:08Z
   Score: 0 → 0 (no score change)
   The core account holds up: the February 24, 2023 launch, the March 2, 2023 rug pull, the 68.47 ETH mint-dump and the Tornado Cash routing are supported by CryptoSlate and CoinDesk (claim_findings[0], [1], [3]). Of the 6 claims that could be checked, 1 was unverifiable (the ZachXBT flag, claim_findings[7], where the page's own text admits no specific report was found), about 17%. The separate arbitrage bot that supposedly made $112,000 (claim_findings[2]) appears to double count the deployer's own proceeds, which affects the rug-pull mechanics section. Two claims about the contract swap 13 hours before the rug (claim_findings[4], [5]) could not be checked because the cited source blocked the reviewer; they are left out of the percentage and are a coverage limit, not a defect. The page needs correction on the bot figure and the ZachXBT section, and it should note that the sources give different loss figures.
   anchoranchored

   chain

   ●mainnet-betaslot 464,291,240

   sig

   2ZLxn7HUiezx…TVKXKccwcopyexplorer ↗

   hash

   E42LTaxPVeoy…ZJD29P8Ucopysha256 → base58

   verifying row…full verify ↗

   canonical bytes (1595 B) ▸

   {"actor":"judge","artifact_identity":"7fab8ecaa4851876589084b4a08e31f4","band_override":null,"blocked_count":2,"decided_at":"2026-11-02T00:19:08.625Z","decision":"review_revise","delist_requested":false,"disputed_pct":0.1667,"investigation_id":"abc33bc1-50c8-4c5b-b465-b896e5299045","judge_def_hash":"8800307026131ea9d5da939d32b9a1f1884b2b84a5de33c8e87931d36f38d0f8","new_score":0,"page_slug":"arbiswap","prev_score":0,"reason":"The core account holds up: the February 24, 2023 launch, the March 2, 2023 rug pull, the 68.47 ETH mint-dump and the Tornado Cash routing are supported by CryptoSlate and CoinDesk (claim_findings[0], [1], [3]). Of the 6 claims that could be checked, 1 was unverifiable (the ZachXBT flag, claim_findings[7], where the page's own text admits no specific report was found), about 17%. The separate arbitrage bot that supposedly made $112,000 (claim_findings[2]) appears to double count the deployer's own proceeds, which affects the rug-pull mechanics section. Two claims about the contract swap 13 hours before the rug (claim_findings[4], [5]) could not be checked because the cited source blocked the reviewer; they are left out of the percentage and are a coverage limit, not a defect. The page needs correction on the bot figure and the ZachXBT section, and it should note that the sources give different loss figures.","reviewer_def_hash":"bc11388ce4bc4deea1b064fea362663ae06e3f4f687f99604769044d6ffba770","score_delta":0,"scored_claims":6,"sequence_num":4,"submission_content_hash":null,"submission_id":null,"submission_kind":null,"submission_valence":null,"v":1}

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   python -m src.verify_decision 7924deba-cdef-46a3-9f0c-c55a33637c0ecopy