Fraudulent network impersonating Dunamu’s GIWA Chain linked to ₩2.8 billion theft

  • A fraudulent network impersonating Dunamu’s GIWA Chain led to user losses.
  • Users lost approximately ₩2.8 billion, equivalent to about $2.1 million, in Ethereum.
  • The incident began after overseas DEX DYORSWAP mistakenly registered the network.

A fraudulent network impersonating Dunamu’s in-development GIWA Chain was linked to the theft of approximately ₩2.8 billion, or about $2.1 million, in Ethereum from users. The losses began after overseas decentralized exchange DYORSWAP mistakenly registered the network, although the available report ends before explaining what was registered or detailing subsequent events.

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