← ETHTrustFund1 decision on this page
Audit log
Every state-changing event for ETHTrustFund: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.
- #1publishby system:backfill2026-05-27 17:32:23ZScore: ? → ? (no score change)anchoranchored
- chain
- ●mainnet-betaslot 422,548,190
- sig
5Kd1vLWyxZfM…KCL2h4tTexplorer ↗- hash
9Jqt9fHuLy2L…fUuM1dPQsha256 → base58
verifying row…full verify ↗canonical bytes (4295 B) ▸
{"actor":"system:backfill","investigation_id":"b62e95d9-03c4-4ee8-933d-3880f9a62bfc","kind":"publish","page_slug":"ethtrustfund","published_at":"2026-05-27T17:32:23.613Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"ETHTrustFund","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/eth-trust-fund/","type":"other","url":""},{"credibility":3,"name":"https://basescan.org/token/0x6cF727D9089a07E44607BeA30F5E687983CA6aA1","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/ethtrustfund-rug-pulls-on-base-leading-to-2m-in-investor-losses/","type":"other","url":""},{"credibility":3,"name":"https://www.web3isgoinggreat.com/single/ethtrustfund-rug-pull","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/ethtrustfund-rug-pulls-on-base-leading-to-2m-in-investor-losses/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/ethtrustfund-rug-pulls-on-base-leading-to-2m-in-investor-losses/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://en.wikipedia.org/wiki/ZachXBT","type":"other","url":""},{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://rekt.news/ethtrustfund-rekt","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/ethtrustfund-rug-pulls-on-base-leading-to-2m-in-investor-losses/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://basescan.org/token/0x6cF727D9089a07E44607BeA30F5E687983CA6aA1","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/eth-trust-fund/","type":"other","url":""},{"credibility":3,"name":"https://www.web3isgoinggreat.com/single/ethtrustfund-rug-pull","type":"other","url":""}]}],"sources_used":[],"summary":"ETHTrustFund (ticker: ETF) was a decentralized autonomous organization (DAO) built on Coinbase's Base layer-2 network that marketed itself as an OHM (Olympus DAO) fork and decentralized crypto hedge fund. On July 20, 2024, the pseudonymous lead developer known only as 'Peng' drained approximately 607 ETH (worth ~$2.1–2.2 million) from the project treasury and laundered the funds through the privacy protocols Tornado Cash and Railgun before disappearing entirely. ZachXBT has flagged this entity as a fraudulent project. The project's website, Twitter, and Telegram accounts were permanently deleted following the exit.","timeline":[{"date":"2024-03-14","event":"$ETF token launched on Uniswap V3 on Base network at 12pm ET; token pumped then declined approximately 90% within one week of launch.","source":""},{"date":"2024-04-01","event":"Lead developer 'Peng' allegedly went silent on Telegram, ceasing to respond to community messages approximately three months before the rug pull.","source":""},{"date":"2024-07-20","event":"Developer executed rug pull in two transactions: first transferring ~3.2 million BRETT tokens (~$453,000), then ~477 ETH (~$1.65 million) approximately 9.5 hours later. Total: ~607 ETH (~$2.1–2.2 million). Funds bridged to Ethereum mainnet and routed through Tornado Cash and Railgun.","source":""},{"date":"2024-07-21","event":"Crypto community researcher Octoshi publicly disclosed the suspicious treasury transfers and disappearance of the developer on social media.","source":""},{"date":"2024-07-22","event":"Blockchain security firm PeckShield confirmed the rug pull via an on-chain alert. Ogle (glue.net) filed a report on ChainAbuse. Rekt News published a full incident report.","source":""}]},"v":1}Verify offline (run on your own machine)python -m src.verify_decision c1d75027-85dc-4720-b33d-7a7ef935475d
How verification works. The “Row integrity” check above is computed in your browser — your machine recomputes the SHA-256 of the canonical bytes and compares against the stored hash. No avoid.net server can fake that check. The “full verify” link goes one level deeper: your browser fetches the on-chain transaction from a Solana RPC node and confirms the same hash is in the memo. If you don’t want to trust either avoid.net or the public RPC, run the CLI verifier on your own machine —
python -m src.verify_decision <event_id>.