MangoFarmSOL
Summary
MangoFarmSOL was a purported yield-farming protocol on the Solana blockchain that executed an exit scam in January 2024, draining approximately $1.32 million from users who had deposited SOL tokens in anticipation of a promised MANGO token airdrop. The perpetrators deployed a malicious frontend under the guise of an 'emergency migration,' bridged stolen funds to Ethereum, and laundered proceeds through privacy tools including Railgun and instant exchanges before all social media accounts, the project website, and the Telegram channel were abandoned. No perpetrators have been publicly identified and no regulatory or law enforcement actions are known to have followed.
Connected Entities
3 entities · 10 linked investigations- 8ggviFegLUzsddm9ShyMy42TiDYyH9yDDS3gSGdejND7→mentioned with→MangoFarmSOL(50%)
Timeline(8 events)
2024-01-03
MangoFarmSOL launches influencer and KOL promotional campaign across social media; users begin depositing SOL tokens.
ChainCatcher2024-01-05
MangoFarmSOL team publicly announces MANGO token airdrop scheduled for January 10, 2024.
ChainCatcher2024-01-06
Operators drain 13,512 SOL (~$1.26M) from the protocol contract. A malicious frontend is deployed under the guise of an 'emergency migration,' draining an additional ~$60,000 from users who interact with it. Security auditor 0xfoobar publicly warns on X that the frontend is compromised and flags a potential rug pull.
CertiK / CoinMarketCap2024-01-06
Stolen SOL converted to USDC and bridged to Ethereum via Wormhole across four transactions. Proceeds routed through Railgun (~263 ETH), eXch (~292 ETH), and FixedFloat. Frontend drainer proceeds bridged separately via Allbridge.
CertiK Technical Analysis2024-01-06
MangoFarmSOL deletes its Twitter/X account, deactivates its website, and closes the Telegram channel (1,000+ subscribers) to new members.
CoinTelegraph / Yahoo Finance2024-01-07
Screenshots allegedly showing messages from the MangoFarmSOL operator circulate on X; messages claim coercion into Ponzi scheme creation and reference BananaMiner. BananaMiner representatives deny any connection.
BanklessTimes2024-01-08
Multiple crypto news outlets including CoinTelegraph, BanklessTimes, and CoinMarketCap publish reports on the MangoFarmSOL exit scam. Antonio Brown's promotional post confirmed deleted.
Multiple outlets2024-01-10
Promised MANGO token airdrop date passes with no distribution. Project remains entirely inactive.
CoinMarketCap / ChainCatcherDecision Log
- hash: ACnHfT7AHnA2jNyx47HSC4caAmXkBfLHHg1kygJB3UcY
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, 2:54:35 AM
last updated: 5/28/2026, 8:16:08 AM
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