Verify a decision

{"actor":"system:backfill","investigation_id":"cd15bdec-d08b-4c17-b734-cd6b38210cf1","kind":"publish","page_slug":"azukidao","published_at":"2026-05-29T17:03:48.039Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"AzukiDAO","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/web3/2023/07/03/azukidao-votes-on-reclaim-of-20k-ether-after-botched-elementals-nft-mint","type":"other","url":""},{"credibility":3,"name":"https://decrypt.co/147115/angry-azuki-elementals-holders-unite-to-demand-39-million-refund-lose-thousands-more-in-subsequent-hack","type":"other","url":""},{"credibility":3,"name":"https://www.bitdegree.org/crypto/news/azukidao-aims-to-claw-back-20000-ether-from-azuki-nft-founder-zagabond","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://decrypt.co/147115/angry-azuki-elementals-holders-unite-to-demand-39-million-refund-lose-thousands-more-in-subsequent-hack","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/web3/2023/07/03/azukidao-votes-on-reclaim-of-20k-ether-after-botched-elementals-nft-mint","type":"other","url":""},{"credibility":3,"name":"https://cryptodaily.co.uk/2023/07/azuki-dao-to-sue-project-founder-over-allegations-of-misconduct","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.dlnews.com/articles/defi/hackers-steal-35-eth-in-azukidao-airdrop-exploit/","type":"other","url":""},{"credibility":3,"name":"https://www.quillaudits.com/blog/hack-analysis/azuki-dao-hack","type":"other","url":""},{"credibility":3,"name":"https://x.com/dedaub/status/1675983033168453632","type":"other","url":""},{"credibility":3,"name":"https://www.web3isgoinggreat.com/single/azukidao-exploit","type":"other","url":""},{"credibility":3,"name":"https://cryptorank.io/news/feed/5ad75-199775-azukidao-suffers-exploit-leads-to-35-eth-loss","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://coinpaper.com/248/azuki-founder-admits-to-rugging-three-projects-in-a-year","type":"other","url":""},{"credibility":3,"name":"https://www.techtimes.com/articles/275285/20220511/azuki-nft-three-failed-projects-floor-price.htm","type":"other","url":""},{"credibility":3,"name":"https://nftnow.com/news/azuki-creator-in-hot-water-amidst-rug-pull-allegations/","type":"other","url":""},{"credibility":3,"name":"https://beincrypto.com/azuki-nfts-creator-to-refund-investors-after-admitting-to-rug-pulls/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/web3/2023/07/03/azukidao-votes-on-reclaim-of-20k-ether-after-botched-elementals-nft-mint","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/azukidao/","type":"other","url":""},{"credibility":3,"name":"https://decrypt.co/147115/angry-azuki-elementals-holders-unite-to-demand-39-million-refund-lose-thousands-more-in-subsequent-hack","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://decrypt.co/120144/azuki-twitter-account-hacked","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/web3/2023/01/27/nft-collection-azukis-twitter-account-hacked-leading-followers-to-malicious-link","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/two-scam-twitter-accounts-rugged-over-80-3-eth-last-month/","type":"other","url":""}]}],"sources_used":[],"summary":"AzukiDAO is an informal decentralized autonomous organization formed in late June 2023 by a self-described group of 72 to 74 Azuki NFT holders in response to widespread community outrage over the Azuki Elementals NFT launch. Within days of its formation, AzukiDAO's BEAN governance token airdrop contract was exploited via a signature replay vulnerability, resulting in the theft of approximately 35 ETH ($68,000). On-chain investigator ZachXBT had previously flagged the Azuki project's founder Zagabond (Alex Xu) for alleged involvement in multiple prior abandoned NFT projects, and his findings were central to the community grievances that motivated AzukiDAO's creation.","timeline":[{"date":"2022-05-09","event":"Azuki founder Zagabond publishes blog post acknowledging prior involvement in three abandoned NFT projects: CryptoPhunks, Tendies, and CryptoZunks. ZachXBT alleges Zagabond profited approximately $3 million while holders were left with worthless assets. Azuki floor price drops roughly 50 percent.","source":""},{"date":"2023-01-27","event":"Official Azuki Twitter account is hacked; attackers post malicious 'land mint' links and drain over $750,000 in USDC, NFTs, and ETH within 30 minutes.","source":""},{"date":"2023-06-27","event":"Azuki Elementals NFT collection launches. 20,000 NFTs sell out in 15 minutes, generating approximately $38 million for Chiru Labs. Community backlash erupts over artwork similarity to original Azuki collection and floor price collapse.","source":""},{"date":"2023-06-29","event":"AzukiDAO BEAN governance token contract deployed on Ethereum, approximately two days before the first governance vote is submitted.","source":""},{"date":"2023-06-30","event":"AzukiDAO officially formed by approximately 72 to 74 self-described Azuki holders. BEAN token airdrop to Azuki NFT holders begins. Exploit occurs: two attackers drain approximately 35.08 ETH ($68,000) via a signature replay vulnerability in the airdrop contract. Developers pause the contract.","source":""},{"date":"2023-07-02","event":"AzukiDAO submits governance proposal to hire lawyers and sue Zagabond, seeking recovery of 20,000 ETH from Chiru Labs.","source":""},{"date":"2023-07-03","event":"AzukiDAO governance vote closes. 88.35 percent of BEAN token voting weight supports the proposal to recover Elementals mint proceeds. CoinDesk reports on the vote. Exploit is further detailed in press.","source":""},{"date":"2023-07-04","event":"BlockSec MetaSleuth publicly discloses full details of the AzukiDAO signature replay exploit. Dedaub confirms the vulnerability on-chain.","source":""}]},"v":1}