Verify a decision

{"actor":"system:backfill","investigation_id":"f8b71fe2-9f89-464c-b7bf-4f8fe704f4db","kind":"publish","page_slug":"coindash","published_at":"2026-05-28T18:46:44.233Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"CoinDash","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://fortune.com/2017/07/18/ethereum-coindash-ico-hack/","type":"other","url":""},{"credibility":3,"name":"https://www.cnbc.com/2017/07/17/coindash-website-hacked-7-million-stolen-in-ico.html","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/markets/2017/07/19/coindash-ico-hacker-nets-additional-ether-as-theft-tops-10-million/","type":"other","url":""},{"credibility":3,"name":"https://www.bleepingcomputer.com/news/security/hacker-steals-7-million-worth-of-ethereum-from-coindash-platform/","type":"other","url":""},{"credibility":3,"name":"https://thehackernews.com/2017/07/ethereum-cryptocurrency-heist.html","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.coindesk.com/markets/2018/02/26/hacker-returns-26-million-in-ether-months-after-ico-theft","type":"other","url":""},{"credibility":3,"name":"https://www.bleepingcomputer.com/news/cryptocurrency/hacker-returns-26-million-worth-of-ethereum-back-to-hacked-company/","type":"other","url":""},{"credibility":3,"name":"https://www.ibtimes.co.uk/coindash-hacker-returns-another-17m-worth-stolen-ethereum-firm-just-months-after-ico-heist-1664017","type":"other","url":""},{"credibility":3,"name":"https://cryptoslate.com/coindash-hacker-inexplicably-returns-another-20000-eth-days-platform-launch/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.bloomberg.com/news/articles/2017-07-20/coindash-ceo-says-ignore-the-conspiracies-after-coin-sale-hack","type":"other","url":""},{"credibility":3,"name":"https://www.vice.com/en/article/hacker-allegedly-steals-dollar74-million-in-ethereum-with-incredibly-simple-trick/","type":"other","url":""},{"credibility":3,"name":"https://kellywarnerlaw.com/ico-hacks-coindash","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.bitcoinwednesday.com/speakers/alon-muroch/","type":"other","url":""},{"credibility":3,"name":"https://www.financemagnates.com/cryptocurrency/news/israeli-high-tech-veteran-shalom-passy-joins-coindash-advisory-board/","type":"other","url":""},{"credibility":3,"name":"https://tracxn.com/d/companies/coindash/__pi3iqAe5-_Jg56BtpnxEZBXhJ53VOppJZoyU_eCKoNc","type":"other","url":""},{"credibility":3,"name":"https://www.prnewswire.com/news-releases/etoro-announces-partnership-with-coindash-664177753.html","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://blog.coindash.io/dear-blox-coindash-community-e49043f38ebb","type":"other","url":""},{"credibility":3,"name":"https://blog.coindash.io/all-about-blox-652a1b11720a","type":"other","url":""},{"credibility":3,"name":"https://tracxn.com/d/companies/coindash/__pi3iqAe5-_Jg56BtpnxEZBXhJ53VOppJZoyU_eCKoNc","type":"other","url":""},{"credibility":3,"name":"https://etherscan.io/token/0x177d39ac676ed1c67a2b268ad7f1e58826e5b0af","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.skadden.com/-/media/files/publications/2017/07/lessons_from_the_coindash_hack.pdf","type":"other","url":""},{"credibility":3,"name":"https://www.jdsupra.com/legalnews/lessons-from-the-coindash-initial-coin-66474/","type":"other","url":""},{"credibility":3,"name":"https://threatpost.com/coindash-hacked-during-its-ico/126906/","type":"other","url":""},{"credibility":3,"name":"https://www.financemagnates.com/cryptocurrency/news/ethereum-worth-7-million-stolen-coindashs-token-sale-ico-hackers/","type":"other","url":""}]}],"sources_used":[{"credibility":1,"name":"Fortune — CoinDash ICO Hacked, $7 Million in Ether Stolen","type":"news_article","url":"https://fortune.com/2017/07/18/ethereum-coindash-ico-hack/"},{"credibility":1,"name":"CNBC — CoinDash website hacked, $7 million stolen in ICO","type":"news_article","url":"https://www.cnbc.com/2017/07/17/coindash-website-hacked-7-million-stolen-in-ico.html"},{"credibility":2,"name":"CoinDesk — CoinDash ICO Hacker Nets Additional Ether as Theft Tops $10 Million","type":"news_article","url":"https://www.coindesk.com/markets/2017/07/19/coindash-ico-hacker-nets-additional-ether-as-theft-tops-10-million/"},{"credibility":2,"name":"CoinDesk — Hacker Returns $26 Million in Ether Months After ICO Theft","type":"news_article","url":"https://www.coindesk.com/markets/2018/02/26/hacker-returns-26-million-in-ether-months-after-ico-theft"},{"credibility":1,"name":"Bloomberg — CoinDash Says Hacker Stole $7 Million at Initial Coin Offering","type":"news_article","url":"https://www.bloomberg.com/news/articles/2017-07-17/coindash-says-hacker-stole-7-million-at-initial-coin-offering"},{"credibility":1,"name":"Bloomberg — CoinDash CEO Says Ignore the Conspiracies After Coin-Sale Hack","type":"news_article","url":"https://www.bloomberg.com/news/articles/2017-07-20/coindash-ceo-says-ignore-the-conspiracies-after-coin-sale-hack"},{"credibility":2,"name":"BleepingComputer — Hacker Steals $7 Million Worth of Ethereum From CoinDash Platform","type":"news_article","url":"https://www.bleepingcomputer.com/news/security/hacker-steals-7-million-worth-of-ethereum-from-coindash-platform/"},{"credibility":2,"name":"BleepingComputer — Hacker Returns $26 Million Worth of Ethereum Back to Hacked Company","type":"news_article","url":"https://www.bleepingcomputer.com/news/cryptocurrency/hacker-returns-26-million-worth-of-ethereum-back-to-hacked-company/"},{"credibility":1,"name":"Skadden — Lessons From the CoinDash Initial Coin Offering Hack (PDF)","type":"research","url":"https://www.skadden.com/-/media/files/publications/2017/07/lessons_from_the_coindash_hack.pdf"},{"credibility":2,"name":"JDSupra — Lessons From the CoinDash Initial Coin Offering Hack","type":"research","url":"https://www.jdsupra.com/legalnews/lessons-from-the-coindash-initial-coin-66474/"},{"credibility":2,"name":"Threatpost — CoinDash Hacked During its ICO","type":"news_article","url":"https://threatpost.com/coindash-hacked-during-its-ico/126906/"},{"credibility":2,"name":"The Hacker News — Hacker Uses A Simple Trick to Steal $7 Million Worth of Ethereum Within 3 Minutes","type":"news_article","url":"https://thehackernews.com/2017/07/ethereum-cryptocurrency-heist.html"},{"credibility":2,"name":"IBTimes UK — CoinDash: Hacker returns another $17m worth of stolen Ethereum","type":"news_article","url":"https://www.ibtimes.co.uk/coindash-hacker-returns-another-17m-worth-stolen-ethereum-firm-just-months-after-ico-heist-1664017"},{"credibility":2,"name":"Finance Magnates — Ethereum Worth $7 Million Stolen by CoinDash ICO Hackers","type":"news_article","url":"https://www.financemagnates.com/cryptocurrency/news/ethereum-worth-7-million-stolen-coindashs-token-sale-ico-hackers/"},{"credibility":2,"name":"Vice — Hacker Allegedly Steals $7.4 Million in Ethereum with Incredibly Simple Trick","type":"news_article","url":"https://www.vice.com/en/article/hacker-allegedly-steals-dollar74-million-in-ethereum-with-incredibly-simple-trick/"},{"credibility":2,"name":"CryptoSlate — CoinDash Hacker Inexplicably Returns Another 20,000 ETH","type":"news_article","url":"https://cryptoslate.com/coindash-hacker-inexplicably-returns-another-20000-eth-days-platform-launch/"},{"credibility":3,"name":"Bitcoin Wednesday — Alon Muroch Explained Portfolio Management App","type":"other","url":"https://www.bitcoinwednesday.com/speakers/alon-muroch/"},{"credibility":3,"name":"Tracxn — CoinDash Company Profile","type":"other","url":"https://tracxn.com/d/companies/coindash/__pi3iqAe5-_Jg56BtpnxEZBXhJ53VOppJZoyU_eCKoNc"},{"credibility":2,"name":"eToro / PR Newswire — eToro Announces Partnership with CoinDash","type":"official","url":"https://www.prnewswire.com/news-releases/etoro-announces-partnership-with-coindash-664177753.html"},{"credibility":1,"name":"Etherscan — CoinDash Token (CDT) ERC-20 Contract","type":"on_chain","url":"https://etherscan.io/token/0x177d39ac676ed1c67a2b268ad7f1e58826e5b0af"},{"credibility":2,"name":"CoinDash Blog — Dear Blox (CoinDash) Community","type":"official","url":"https://blog.coindash.io/dear-blox-coindash-community-e49043f38ebb"}],"summary":"CoinDash was an Israeli-founded cryptocurrency portfolio management and social trading platform that conducted an ICO in July 2017. Thirteen minutes into its token sale, an attacker compromised the company's website and substituted a fraudulent Ethereum address, diverting approximately 43,500 ETH (valued at roughly $7-10 million at the time) from over 2,000 investors before the sale was halted. The company later rebranded as Blox and has since ceased operations; the CDT token retains minimal trading volume.","timeline":[{"date":"2016-01-01","event":"CoinDash founded in Tel Aviv, Israel by Alon Muroch and co-founders; positioned as a crypto portfolio management and social trading platform.","source":""},{"date":"2017-07-17","event":"CoinDash launches its ICO at 9:00 a.m. ET. Thirteen minutes in, an attacker compromises the company website and substitutes a fraudulent Ethereum address. Approximately 43,500 ETH (valued at roughly $7–10 million) is stolen from over 2,000 contributors before the sale is halted.","source":""},{"date":"2017-07-18","event":"CoinDash publicly confirms the hack via Twitter and press releases. CEO Alon Muroch pledges tokens to all affected investors. Community conspiracy theories alleging an inside job begin circulating on Reddit and social media.","source":""},{"date":"2017-07-20","event":"CoinDash CEO Alon Muroch addresses inside-job conspiracy theories in a Bloomberg interview, dismissing them and urging investors to ignore unverified speculation.","source":""},{"date":"2017-09-01","event":"The attacker mysteriously returns 10,000 ETH to CoinDash's wallet without explanation. No group claims responsibility.","source":""},{"date":"2018-02-23","event":"The attacker returns an additional 20,000 ETH to CoinDash, bringing total returned ETH to 30,000 (approximately $26 million at the time). The attacker retains approximately 13,400 ETH.","source":""},{"date":"2018-02-27","event":"CoinDash officially relaunches as Blox, retaining the CDT token ticker. Platform pivots to broader crypto portfolio management tooling.","source":""},{"date":"2021-01-01","event":"Blox (formerly CoinDash) pivots to Ethereum 2.0 staking tooling. Platform winds down portfolio management and social trading features.","source":""},{"date":"2024-01-01","event":"CoinDash and CoinDash Israel listed as permanently closed in business intelligence databases. CDT token continues to trade with minimal liquidity on secondary markets.","source":""}]},"v":1}