Summary
Seedify (Seedify.fund) is a blockchain gaming incubator and IDO/IGO launchpad founded in February 2021 by Levent Cem Aydan, operating on BNB Chain, Ethereum, and Avalanche with its native SFUND token. The platform suffered a critical $1.2–1.7 million bridge exploit in September 2025 attributed by ZachXBT and CZ (Binance) to the North Korean DPRK-affiliated 'Contagious Interview' hacking campaign, causing SFUND to collapse approximately 80–99% and affecting approximately 64,000 token holders. The platform's SFUND token has declined more than 99% from its November 2021 all-time high of approximately $17.67, and the project has been flagged by ZachXBT in connection with the on-chain forensics tying the exploit to state-sponsored theft infrastructure.
Connected Entities
1 entitiesTimeline(9 events)
2021-02-01
Seedify.fund founded by Levent Cem Aydan as a blockchain gaming incubator and IDO launchpad; SFUND token launches at approximately $0.40.
2021-11-29
SFUND reaches all-time high of approximately $17.67, representing a roughly 4,300% gain from launch price.
2022-01-01
SFUND begins sustained decline throughout 2022, losing approximately 90% of value by year-end, falling from $8.40 to approximately $0.81.
2022-04-01
Seedify claims to introduce refund system for launchpad participants, described as a first in the IDO launchpad industry.
2025-09-23
North Korean DPRK-affiliated hackers ('Contagious Interview' campaign) exploit Seedify's SFUND cross-chain bridge on Avalanche via stolen developer private key, draining approximately $1.2–1.7 million. SFUND token collapses approximately 80–99% intraday. An estimated 64,000 token holders affected.
2025-09-23
ZachXBT links theft wallets to DPRK 'Contagious Interview' on-chain forensics. Binance CZ confirms approximately $200,000 frozen at HTX exchange.
2025-10-10
Seedify launches 'Phoenix Raise' — a 24-hour bonding-curve token sale — to recapitalize the platform and relaunch SFUND under a new contract with a 1:1 migration for legacy holders.
2025-11-01
Seedify introduces 'Futarchy Milestones' launch model designed to prevent rug pulls by placing project funds in community-controlled escrow.
2026-01-13
SFUND reaches all-time low of approximately $0.089, down approximately 99.9% from November 2021 peak.
Decision Log
- hash: 2DHLhYK1cWZPGkK7HHoqdSBSrpAvJbSuLsjjGgDptmWs
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, 2:54:15 AM
last updated: 5/26/2026, 3:34:28 PM
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