AssangeDAO’s crypto activities suspicious, analysts urge caution

SlowMist urges transparent DAO operations amid recent transfers, sparking questions about fund destinations.

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Analysts at SlowMist have raised concerns about a possible “soft rug pull” on March 10 when a 100 Ether (ETH) transaction from an AssangeDAO address went to a recipient seemingly associated with the decentralized autonomous organization.

The blockchain forensics firm emphasized that while the true intentions of AssangeDAO are unclear, investors should proceed with caution and conduct comprehensive due diligence before interacting with the organization.

AssangeDAO, which launched in 2022, rose to prominence with its stand for the freedom of Julian Assange, an Australian activist famous for creating WikiLeaks, a platform committed to disclosing classified data from unidentified origins.

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