I. Event Overview
Asset Loss Situation
ETH: 31.0282 (approximately $112,000 at current price)
BOX: 4,879,079.3995 tokens
Cause of the incident: Leakage of private key of the operating account leading to theft of personal EOA wallet
Market Reaction
BOX token price has dropped over 30% within 24 hours
Uniswap v2 pool liquidity has fallen to $2,900
On-chain total liquidity is approximately $10,000
II. Fund Flow Tracking
On-chain Fund Transfer Path
Initial Transfer: Transferred 2.98 million BOX from deboxsocial.eth
Liquidity Operations: Removed 1.898 million BOX and 17.5 ETH from Uniswap V2
CEX Transfer Distribution:
Bitget: 250,000 BOX
Gate: 750,000 BOX
Suspected Bitget Address: 3.529 million BOX
Current Holdings of the Exchange
Bitget: Approximately 20.65 million BOX
Gate: Approximately 8.45 million BOX
III. Official Response Measures
Stabilization Fund Plan
Commits to repurchasing all stolen tokens from the exchange within a week
Repurchased tokens will be injected into BOX DAO assets
Subsequent use will be decided through community voting
Security Upgrade Plan
Plans to upgrade the operating account to a multi-signature wallet
Waiting for DeBox App to support multi-signature login functionality
Accountability and Tracking
A professional security company has been commissioned to conduct the investigation
Reserves the right to take legal action
Commits to regularly updating the asset recovery progress
IV. Project Background and Credit Assessment
Investment Background
Acquired $2 million financing from ABCDE Capital in January 2023
Received strategic investment from DWF Labs and OKX Ventures
The team has completed KYC certification
Risk Assessment
User Asset Security Remains Unaffected
The project team responded quickly and proposed a clear remedy plan
Possesses complete institutional investment endorsement
V. Market Recommendations
Short-term Observation Focus
Stabilization Fund Repurchase Execution Status
On-chain Liquidity Recovery Progress
BOX DAO Governance Voting
Investor Recommendations
Pay attention to official follow-up announcements
Monitor the implementation progress of the repurchase plan
Cautiously assess market risks
VI. Subsequent Development Focus
Technical Upgrades
Multi-signature Wallet Implementation Timeline
Security Architecture Optimization Plan
Governance Transparency
DAO Voting Mechanism
Asset Recovery Progress Report
Improvement of Community Communication Mechanism
Disclaimer: This report is for reference only and does not constitute any investment advice. The cryptocurrency market carries significant risks; investment should be approached with caution.
