MangoFarmSOL
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anchored·62eAct…SfY6Summary
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)
3 January 2024
MangoFarmSOL launches influencer and KOL promotional campaign across social media; users begin depositing SOL tokens.
ChainCatcher5 January 2024
MangoFarmSOL team publicly announces MANGO token airdrop scheduled for January 10, 2024.
ChainCatcher6 January 2024
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 / CoinMarketCap6 January 2024
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 Analysis6 January 2024
MangoFarmSOL deletes its Twitter/X account, deactivates its website, and closes the Telegram channel (1,000+ subscribers) to new members.
CoinTelegraph / Yahoo Finance7 January 2024
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.
BanklessTimes8 January 2024
Multiple crypto news outlets including CoinTelegraph, BanklessTimes, and CoinMarketCap publish reports on the MangoFarmSOL exit scam. Antonio Brown's promotional post confirmed deleted.
Multiple outlets10 January 2024
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 (1 event). 8 of 9 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:35 AM
last updated: 7/25/2026, 12:40:35 PM
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