PeopleDAO
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anchored·4oPutJ…K8zPSummary
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- PeopleDAO→mentioned with→Ethereum(60%)
- PeopleDAO→mentioned with→Binance(65%)
- PeopleDAO→mentioned with→KuCoin(65%)
- PeopleDAO→mentioned with→ZachXBT(65%)
- Binance→mentioned with→Ethereum(65%)
- KuCoin→mentioned with→Ethereum(60%)
- KuCoin→mentioned with→ZachXBT(70%)
- ZachXBT→mentioned with→Ethereum(70%)
- ZachXBT→mentioned with→Binance(60%)
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 websiteJune 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 website6 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 Great11 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 BlockNovember 2025
KuCoin removes $PEOPLE from Spot Margin trading, reducing leveraged liquidity options for the token.
CCN — ConstitutionDAO Price Prediction 2025Decision Log
- slot 443512300 · hash 4FbFiozp8HBcvmhcDEn4A9yWPUmqkUXU6QKL1nmyxAAE
- slot 443512294 · hash Bh1zejKVG5ysRd8P6igTiBMuoy1wb6LNy2ffFewsTxUC
- slot 443509267 · hash 962ArQtoSb7xqeFAgwyNEhZiJWh2wFusG9TQewWcVCbr
- slot 443509264 · hash Fodyfdg8V3gQH7RsUbQ4XjnCucegtCjkWAS53Py1Q684
- slot 423089312 · hash 3KeJEGawKarCuVtYp5VWhAZzuc4FeiRmD2CtyDjH9vFZ
This investigation is cryptographically anchored to the Solana blockchain (5 decisions). 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, 7:32:43 AM
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