Multiple projects tied to Pepe creator Matt Furie & ChainSaw as well as another project Favrr were exploited
Contents
1/ Multiple projects tied to Pepe creator Matt Furie & ChainSaw as well as another project Favrr were exploited in the past week which resulted in ~$1M stolen
My analysis links both attacks to the same cluster of DPRK IT workers who were likely accidentally hired as developers.
2/ On Jun 18, 2025 at 4:25 am UTC ownership for ‘Replicandy’ from Matt Furie & ChainSaw was transferred to a new EOA 0x9Fca.
Jun 18, 2025
6:20 pm UTC: 0x9Fca withdrew mint proceeds from the contract
Jun 19, 2025
5:11 am UTC: 0x9Fca unpauses the mint
The attacker then minted NFTs and sold into bids causing the floor price to fall to zero.
3/ On Jun 23, 2025 the attacker transferred ownership from the ChainSaw deployer to 0x9Fca for Peplicator, Hedz, Zogz.
Similarly the attacker minted NFTs and sold them into bids causing the floor price to fall to zero.
0x9Fca3AC75cd66f3c62bea8231886513b9fe191BD
4/ In total I estimate $310K+ from their …
My analysis links both attacks to the same cluster of DPRK IT workers who were likely accidentally hired as developers.
2/ On Jun 18, 2025 at 4:25 am UTC ownership for ‘Replicandy’ from Matt Furie & ChainSaw was transferred to a new EOA 0x9Fca.
Jun 18, 2025
6:20 pm UTC: 0x9Fca withdrew mint proceeds from the contract
Jun 19, 2025
5:11 am UTC: 0x9Fca unpauses the mint
The attacker then minted NFTs and sold into bids causing the floor price to fall to zero.
3/ On Jun 23, 2025 the attacker transferred ownership from the ChainSaw deployer to 0x9Fca for Peplicator, Hedz, Zogz.
Similarly the attacker minted NFTs and sold them into bids causing the floor price to fall to zero.
0x9Fca3AC75cd66f3c62bea8231886513b9fe191BD
4/ In total I estimate $310K+ from their …