Sybil attack concerns spark controversy for EtherFi airdropped ETHFI token

Oluwapelumi Adejumo

Liquid restaking platform EtherFi’s ETHFI token has faced considerable struggles since its airdrop, partly due to one of its early investors selling their airdropped tokens. Blockchain analytical firm Nansen reported how Arrington XRP Capital, one of EtherFi’s investors, allegedly may have gamed EtherFi’s airdrop process for personal profit. Arrington ‘sybils’ EtherFi Nansen’s findings reveal that Arrington […]

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Sybil attack concerns spark controversy for EtherFi airdropped ETHFI token