Summary
CoinDash was an Israeli-founded cryptocurrency portfolio management and social trading platform that conducted an ICO in July 2017. Thirteen minutes into its token sale, an attacker compromised the company's website and substituted a fraudulent Ethereum address, diverting approximately 43,500 ETH (valued at roughly $7-10 million at the time) from over 2,000 investors before the sale was halted. The company later rebranded as Blox and has since ceased operations; the CDT token retains minimal trading volume.
Connected Entities
1 entities · 10 linked investigationsTimeline(9 events)
2016-01-01
CoinDash founded in Tel Aviv, Israel by Alon Muroch and co-founders; positioned as a crypto portfolio management and social trading platform.
2017-07-17
CoinDash launches its ICO at 9:00 a.m. ET. Thirteen minutes in, an attacker compromises the company website and substitutes a fraudulent Ethereum address. Approximately 43,500 ETH (valued at roughly $7–10 million) is stolen from over 2,000 contributors before the sale is halted.
2017-07-18
CoinDash publicly confirms the hack via Twitter and press releases. CEO Alon Muroch pledges tokens to all affected investors. Community conspiracy theories alleging an inside job begin circulating on Reddit and social media.
2017-07-20
CoinDash CEO Alon Muroch addresses inside-job conspiracy theories in a Bloomberg interview, dismissing them and urging investors to ignore unverified speculation.
2017-09-01
The attacker mysteriously returns 10,000 ETH to CoinDash's wallet without explanation. No group claims responsibility.
2018-02-23
The attacker returns an additional 20,000 ETH to CoinDash, bringing total returned ETH to 30,000 (approximately $26 million at the time). The attacker retains approximately 13,400 ETH.
2018-02-27
CoinDash officially relaunches as Blox, retaining the CDT token ticker. Platform pivots to broader crypto portfolio management tooling.
2021-01-01
Blox (formerly CoinDash) pivots to Ethereum 2.0 staking tooling. Platform winds down portfolio management and social trading features.
2024-01-01
CoinDash and CoinDash Israel listed as permanently closed in business intelligence databases. CDT token continues to trade with minimal liquidity on secondary markets.
Decision Log
- hash: 4NzVuiB6vM3VPQCUVwC1KJa5XfiaLiVM4PvYMfxGgDF2
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, 2:55:01 AM
last updated: 5/28/2026, 6:46:44 PM
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