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anchored·pqDsWL…ay69Summary
SudoRare was an anonymous NFT automated market maker (AMM) protocol launched on August 23, 2022, presented as a fork of SudoSwap and LooksRare. Approximately six hours after launch, the anonymous development team executed a premeditated rugpull via a backdoored smart contract, draining approximately 519 ETH (valued at $815,000–$852,000) from user deposits before deleting all online presence. Blockchain security firms PeckShield and CertiK traced a funding wallet to Kraken, but no public arrests or legal proceedings have been reported.
Connected Entities
5 entities · 60 linked investigations- ZachXBT→mentioned with→Ethereum(70%)
- ZachXBT→mentioned with→Kraken(60%)
- SudoRare→mentioned with→Kraken(80%)
- SudoRare→mentioned with→Ethereum(70%)
- SudoRare→mentioned with→ZachXBT(70%)
- Nomad Bridge→mentioned with→Ethereum(70%)
- SudoRare→mentioned with→Nomad Bridge(80%)
Timeline(9 events)
21 August 2022
Ethereum wallet 0x814d receives 0.596 ETH from Kraken (exchange), later linked to SudoRare deployer by PeckShield.
23 August 2022
SudoRare launches on sudorare.xyz, opening liquidity pools accepting wETH, LOOKS, and XMON token deposits.
23 August 2022
Community members on Crypto Twitter, including @2shabby and @0xStanec, publicly flag SudoRare as a likely scam citing team anonymity, inflated followers, and high yields.
23 August 2022
Approximately six hours after launch, the deployer calls a backdoored smart contract function to drain 1,153,216 LOOKS, 6.014 XMON, and 200 WETH from the protocol, affecting 241 depositors.
23 August 2022
Stolen assets are converted to ETH and distributed equally across three wallets: 0x75c3b2...3981, 0x0498d1...8074, and 0xbFb784...7EAa (~173 ETH each).
23 August 2022
SudoRare website (sudorare.xyz), Twitter account, and all social media channels are deleted.
23 August 2022
PeckShield publishes on-chain tracing showing the deployer's funding wallet (0x814d) was funded by Kraken, stating 'The actor behind SudoRare rugpull seems a @krakenfx user.'
23 August 2022
CertiK publishes incident analysis confirming the backdoored upgrade mechanism and detailing the full fund flow to three recipient addresses.
24 August 2022
Major crypto outlets including CoinDesk, The Block, Decrypt, and CryptoBriefing publish coverage of the rugpull. Total estimated losses reported at $815,000–$852,000.
Decision Log
- slot 422980043 · hash 8kjoovaq7QmJDiEVBscTi4tMU53m5d9BJL9sLU1rsR2H
This investigation is cryptographically anchored to the Solana blockchain (1 decision). 10 of 12 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 5/4/2026, 2:54:48 AM
last updated: 8/29/2026, 1:35:17 AM
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