Zachxbt’s investigation of Project Shura’s $1.7M rug pull leads to public wallet

Onchain detective Zachxbt has revealed particulars about one other NFT rug pull involving Venture Shura. The crew behind the 5000 assortment venture reportedly made $1.7 million earlier than abandoning it and leaving buyers excessive and dry.

Venture Shura leaves buyers excessive and dry

Venture Shura is likely one of the few anime-inspired tasks available in the market that got here after the broadly profitable Azuki launch. It launched in January with a provide of 5,500 NFTs and a 0.09 ETH minting worth. 

Like comparable tasks, its roadmap promised merch, manga sequence, P2E video games, tokens, manga sequence, and many others. It additionally partnered with fashionable YouTuber JRNY to promote it.

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As soon as the minting was full in January, the nameless crew of builders began appearing distant earlier than lastly disappearing in February. 

They returned on March 16, claiming that it was merely a break and so they’ll proceed improvement. However first, they wanted to delete all chat channels attributable to “FUD.” Since then, there have been no updates, and the ground worth of the NFT is close to zero.

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Supply: OpenSea

With 495 ETH in proceeds, Zachxbt began monitoring how the ETH was distributed. He found that the 4 wallets shared the funds and transferred them straight into central exchanges.

RoySaito allegedly linked to one of many wallets

Luckily, a kind of wallets turned out to be a public pockets. The pockets which acquired 133 ETH allegedly belonged to the pseudonymous Ox6a generally known as RoySaito_ETH on Twitter. Notably, Roy has launched a brand new NFT venture referred to as Shounen. 

RoySaito allegedly acquired 27% of the entire funds and used the proceeds to flip Azuki NFTs. Zachxbt revealed he might join the pockets to Roy as a result of when he purchased Azuki #6541, a Twitter bot posted about it and included his OpenSea title.

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Supply: Zachxbt

Roy additionally posted a few giveaway for Azuki #4889, which was additionally in the identical Ox6a pockets. He has allegedly canceled the giveaway and deleted the tweet since.

Crypto reached out to RoySaito on Twitter for feedback however didn’t get a response, and the account was made non-public as of press time. 



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