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PeopleDAO

avoid.net/peopledao52/100·65% conf.
[VERIFIED][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·4oPutJ…K8zP

Summary

PeopleDAO is a community-governed metaDAO that emerged in December 2021 from the dissolution of ConstitutionDAO, adopting the $PEOPLE ERC-20 token as its governance mechanism. The organization aims to incubate subDAOs and projects advancing Web3 and social good. In March 2023, PeopleDAO suffered a social engineering incident in which an unknown third party exploited an accidentally shared editable payment spreadsheet to steal approximately 76.5 ETH (~$120,000) from the DAO treasury; no rug pull, founder fraud, or regulatory action has been documented.

Connected Entities

5 entities · 60 linked investigations
Relationships
  • KuCoinmentioned withZachXBT(70%)
  • KuCoinmentioned withEthereum(60%)
  • PeopleDAOmentioned withZachXBT(65%)
  • PeopleDAOmentioned withBinance(65%)
  • PeopleDAOmentioned withEthereum(60%)
  • PeopleDAOmentioned withKuCoin(65%)
  • ZachXBTmentioned withEthereum(70%)
  • ZachXBTmentioned withBinance(60%)
  • Binancementioned withEthereum(65%)
Have evidence about PeopleDAO?

Timeline(7 events)

November 2021

ConstitutionDAO forms and raises over $47 million in ETH from more than 17,000 contributors to bid on a first-edition U.S. Constitution at Sotheby's.

Gate Learn — What is ConstitutionDAO?

18 November 2021

ConstitutionDAO loses the Sotheby's auction. Founders dissolve the DAO, burn admin control of the $PEOPLE token, and begin donor refunds.

Gate Learn — What is ConstitutionDAO?

6 December 2021

Community Snapshot vote establishes PeopleDAO, adopting $PEOPLE as governance token. Approximately 645 million PEOPLE tokens participate in the vote.

PeopleDAO official website

June 2022

PeopleDAO reports incubation of PandaDAO and LanguageDAO as subDAOs, plus Constitution Fractionalized as a community project. Treasury reportedly holds approximately $5.4 million.

PeopleDAO official website

6 March 2023

PeopleDAO accounting lead accidentally shares an editable payment spreadsheet link in a public Discord channel. An unknown third party inserts a fraudulent 76.5 ETH payment row, hides it, and the multisig approves the batch transfer. PeopleDAO loses approximately $120,000.

Web3 Is Going Great

11 March 2023

PeopleDAO publicly discloses the theft, reports it to the FBI and FTC, engages ZachXBT and SlowMist for on-chain tracing, and offers a 10% white hat bounty to the attacker. Attacker sends 69.2 ETH to HitBTC and 7.3 ETH to Binance.

The Block

November 2025

KuCoin removes $PEOPLE from Spot Margin trading, reducing leveraged liquidity options for the token.

CCN — ConstitutionDAO Price Prediction 2025
Provenance & Audit Trail

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (5 events). 8 of 12 cited source URLs have an Internet Archive snapshot.

model: claude-sonnet-4-6

generated: 5/4/2026, 2:54:43 AM

last updated: 8/25/2026, 7:32:42 AM

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