Verify a decision

{"actor":"system:backfill","investigation_id":"f3df7ac8-3072-4759-a393-5cd4f1b75f1d","kind":"publish","page_slug":"dimo","published_at":"2026-05-29T16:07:55.987Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"DIMO","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://cleantechnica.com/2023/02/28/dimo-founder-andy-chatham-on-data-driven-cars-more/","type":"other","url":""},{"credibility":3,"name":"https://coinfund.io/founders-corner-dimo-the-depin-force-driving-the-future-of-mobility/","type":"other","url":""},{"credibility":3,"name":"https://docs.dimo.org/governance/improvement-proposals/dip6","type":"other","url":""},{"credibility":3,"name":"https://www.gate.com/learn/articles/what-is-dimo-all-you-need-to-know-about-dimo/2829","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://x.com/CertiKAlert/status/1986740107190112715","type":"other","url":""},{"credibility":3,"name":"https://x.com/DIMO_Network/status/1986847282889957391","type":"other","url":""},{"credibility":3,"name":"https://www.hokanews.com/2025/11/crypto-panic-30-million-dimo-tokens.html","type":"other","url":""},{"credibility":3,"name":"https://phemex.com/news/article/certik-detects-suspicious-dimo-token-sale-after-proxy-contract-upgrade-33681","type":"other","url":""},{"credibility":3,"name":"https://www.bitget.com/amp/news/detail/12560605051799","type":"other","url":""},{"credibility":3,"name":"https://www.nominis.io/insights/nominis-monthly-report-crypto-attacks-in-november-2025","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.hokanews.com/2025/11/crypto-panic-30-million-dimo-tokens.html","type":"other","url":""},{"credibility":3,"name":"https://coinmarketcap.com/currencies/dimo/","type":"other","url":""},{"credibility":3,"name":"https://www.coingecko.com/en/coins/dimo","type":"other","url":""},{"credibility":3,"name":"https://coincodex.com/crypto/dimo/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://docs.dimo.org/overview/earning-dimo-tokens","type":"other","url":""},{"credibility":3,"name":"https://docs.dimo.org/overview/dimotoken/dimo-explained","type":"other","url":""},{"credibility":3,"name":"https://decrypt.co/295607/drive-earn-platform-dimo-ethereum-polygon-base","type":"other","url":""},{"credibility":3,"name":"https://www.mexc.com/price/dimo/tokenomics","type":"other","url":""},{"credibility":3,"name":"https://etherscan.io/token/0x5fab9761d60419c9eeebe3915a8fa1ed7e8d2e1b","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.theblock.co/post/272456/decentralized-infrastructure-11-5-million-series-a-coinfund","type":"other","url":""},{"credibility":3,"name":"https://coinfund.io/the-dawn-of-depin-leading-the-series-a-in-dimos-open-platform-for-car-apps/","type":"other","url":""},{"credibility":3,"name":"https://tracxn.com/d/companies/dimo/__luso2aSKJPzaWdOn2GiMxSvlArJqm5yD0zgzpY05_nU","type":"other","url":""},{"credibility":3,"name":"https://www.crunchbase.com/organization/dimo-9a37","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://docs.dimo.org/governance/improvement-proposals/dip6","type":"other","url":""},{"credibility":3,"name":"https://docs.dimo.org/governance/improvement-proposals/dip1","type":"other","url":""},{"credibility":3,"name":"https://docs.dimo.org/governance/license-proposals/dlp3","type":"other","url":""},{"credibility":3,"name":"https://dimo.co/policies/terms-of-service","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://sayfer.io/audits/smart-contract-audit-report-for-dimo-2/","type":"other","url":""},{"credibility":3,"name":"https://docs.dimo.org/docs/security/methods","type":"other","url":""},{"credibility":3,"name":"https://docs.dimo.org/docs/security/audits","type":"other","url":""},{"credibility":3,"name":"https://docs.dimo.org/docs/security/user-privacy","type":"other","url":""},{"credibility":3,"name":"https://www.bitget.com/amp/news/detail/12560605051811","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.trustpilot.com/review/dimo.zone","type":"other","url":""},{"credibility":3,"name":"https://www.bitrue.com/blog/get-to-know-dimo-crypto-tokenomics","type":"other","url":""},{"credibility":3,"name":"https://docs.dimo.org/governance/improvement-proposals/dip2","type":"other","url":""}]}],"sources_used":[],"summary":"DIMO (Decentralized Infrastructure for Mobility Operations) is a Web3 vehicle data protocol built on Polygon and later migrating to Base, developed by Digital Infrastructure Inc. The protocol allows drivers to connect their vehicles, stream data, and earn $DIMO tokens in exchange. In November 2025, a sophisticated attacker compromised a developer key and withdrew approximately 30 million DIMO tokens (3% of total supply) from a Wormhole bridge contract, causing a price drop of over 57% in 30 days and triggering a CertiK security alert. The project has legitimate venture backing and a publicly identified founding team, but the security incident, centralized key management failure, and ongoing token unlock pressure are material risk factors.","timeline":[{"date":"2021-01-01","event":"DIMO founded in Brooklyn, New York by Andy Chatham, Alex Rawitz, Rob Solomon, and Yevgeny Khessin under Digital Infrastructure Inc.","source":""},{"date":"2022-01-01","event":"Digital Infrastructure Inc. raises approximately $9 million seed round from CoinFund, Variant Fund, Slow Ventures, ConsenSys Mesh, and Borderless Capital.","source":""},{"date":"2022-06-01","event":"DIMO announces it will build on Polygon and launch the $DIMO utility token.","source":""},{"date":"2022-12-01","event":"$DIMO mainnet launches on Polygon. Token airdrops begin for connected vehicle participants over the following three months.","source":""},{"date":"2023-12-19","event":"$DIMO reaches all-time high of approximately $0.766 per token.","source":""},{"date":"2024-01-16","event":"Digital Infrastructure Inc. closes $11.5 million Series A led by CoinFund; CoinFund CIO Alex Felix joins the board. Total funding reaches approximately $22 million.","source":""},{"date":"2024-01-01","event":"Sayfer completes smart contract security audit of DIMO; 14 non-critical vulnerabilities identified and reportedly resolved.","source":""},{"date":"2024-12-01","event":"DIMO announces plan to migrate the protocol from Polygon to Coinbase's Base network pending governance vote; technical migration targeted for late 2025.","source":""},{"date":"2025-01-12","event":"Insider team and investor token vesting begins: 1/36 of the 300 million allocated tokens unlocks monthly for 36 months.","source":""},{"date":"2025-11-07","event":"Sophisticated attacker compromises a developer key and withdraws approximately 30 million $DIMO tokens (3% of supply) from a Wormhole bridge contract; tokens sold for approximately $40,000. CertiK flags the activity publicly. DIMO team revokes keys, reverts proxy upgrade, and transfers contract ownership to multi-signature wallet within approximately one hour.","source":""},{"date":"2025-11-07","event":"$DIMO token drops approximately 32% within 24 hours of the CertiK alert; 30-day drawdown reaches approximately 57%.","source":""}]},"v":1}