QUADRIGA INITIATIVE
CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM
A COMMUNITY-BASED, NOT-FOR-PROFIT
UNKNOWN
JANUARY 2025
GLOBAL
AIZEL NETWORK
DESCRIPTION OF EVENTS
Aizel Network is a highly scalable and performant on-chain AI platform that utilizes Trusted Execution Environments (TEE) and Multi-Party Computation (MPC) to provide trustless, private AI solutions. The platform enables seamless blockchain automation, delivering AI with minimal latency and maximum security. Aizel offers scalable solutions for a wide range of applications, from DeFi and NFTs to gaming, and is designed to enhance Web3 experiences with secure and efficient AI-driven processes. Its unique Multi-Agent Verifiable Interoperability Framework (MAVI) supports seamless automation, while its collaborations and integrations with various ecosystems ensure verifiable, private AI computations across decentralized applications.
It appears that the Aizel Network Twitter/X account was compromised through a fake copyright claim phishing notice against the account owner. Once inside, the attackers launched a Ava AI token, which gained significant popularity and a $3m USD market cap. Once the token was sufficiently large, a large quantity were sold on investors, leading to significant losses.
There was a market cap reported at $2m. It's not clear how much liquidity was provided.
"The official X account of Aizel Network, an on-chain AI project, has been hacked and is currently under recovery. The team urges users to stay vigilant about any content posted from the account during this period. Do not trust any token-related information, click on suspicious links, or participate in questionable activities."
"so @aizel_network just rugged their EVA AI project. pathetic"
"Everyone, look at @aizel_network. The on-chain situation is brutal. The official launched a token, and the data shows the devs sold everything in less than a minute, and then Twitter deleted the post. I suggest blocking them. Hahaha, a group mate said the big boss has pulled out."
"@aizel_network official twitter account has been compromised.
Our team is actively investigating the incident and taking the necessary steps to recover the account and address the situation.
The account has previously posted information about a scam token that is unrelated to the Aizel Network.
Please do not engage with any content or links related to the compromised account."
"We’re excited to share that our official account has been fully restored and is now operating as usual.
To further ensure security, we’ve strengthened the management of all our platform accounts. Please also note that we do not release token information randomly. Any major announcements will be verified and communicated across multiple official channels, including our community platforms, to maintain transparency and trust."
Aizel Network posts on Twitter/X to announce that they have recovered access to their Twitter account.
https://foresightnews.pro/news/detail/62891 (Feb 18)
@ajoey91_ Twitter (Feb 18)
@NFTWEB3NEWS Twitter (Feb 18)
Aizel Network官方X账号被盗，警惕该帐户发布的内容_快讯-odaily (Feb 18)
x-2fa-phishing-code1 - Pastebin.com (Feb 18)
DeepSeek Is Here—But Only Aizel Can Bring It On-Chain (Feb 18)
Slow Fog Cosine: Multiple projects' X accounts have recently been targeted by phishing attacks, with attackers using threats of tweet infringement as a means of coercive deception - ChainCatcher (Feb 18)
@aizel_network Twitter (Feb 18)
Aizel Network | Linktree (Feb 18)
Aizel Network (Feb 18)
@JeremiahThinks Twitter (Feb 18)
Moochooz - "This @aizel_network posted and deleted a Ca: which was $Eva and rugged from 2M Mc to zero. What a pathetic little rat" - Twitter/X (Feb 18)
@Greta0086 Twitter (Feb 18)
The Eva AI Token Contract - Solscan (Feb 18)
