Web3 startup aPriori on Friday rejected accusations that members of its team were part of a sybil attack on the project’s October airdrop, after blockchain investigators Bubblemaps and ZachXBT observed a coordinated cluster of wallets securing 60% of the distribution.  The YZi Labs-backed project’s APR token genesis airdrop in late October was meant to reward […]Web3 startup aPriori on Friday rejected accusations that members of its team were part of a sybil attack on the project’s October airdrop, after blockchain investigators Bubblemaps and ZachXBT observed a coordinated cluster of wallets securing 60% of the distribution.  The YZi Labs-backed project’s APR token genesis airdrop in late October was meant to reward […]

aPriori denies insider involvement as coordinated cluster captures 80% of airdrop

Web3 startup aPriori on Friday rejected accusations that members of its team were part of a sybil attack on the project’s October airdrop, after blockchain investigators Bubblemaps and ZachXBT observed a coordinated cluster of wallets securing 60% of the distribution. 

The YZi Labs-backed project’s APR token genesis airdrop in late October was meant to reward early contributors, testnet participants, and holders of partner NFTs, including MadLads and Moonbirds. However, netizens found that a single entity controlling 14,000 wallets took more than half of the airdrop supply, which aPriori insists it was not involved in.

“aPriori is aware of reports regarding possible Sybil activity targeting the $APR launch. We found no evidence that anyone on the contributing team or from the foundation has claimed the airdrop,” the project team’s message written on social platform X, read.

The San-Francisco-based firm, founded in 2023, had raised $20 million in August in a funding round led by Pantera Capital, HashKey Capital, and Primitive Ventures, at a $30 million valuation.

Crypto Twitter unconvinced aPriori was not part of the Sybil attack

According to data reviewed on BSCScan, cited in Cryptopolitan’s November 4 report, roughly 5,800 wallet addresses with matching transactional patterns had collected about four-fifths of the total APR distributed on the chain. 

Bubblemaps later posted on X that the tally had grown to 14,000 wallets, which took 60% of the allocation between October 19 and 20. Each of the thousands of wallets involved received small amounts of BNB, just enough to cover gas fees for the impending claim transactions. 

ZachXBT, alongside other investigators, said the uniformity of the transactions came from a single operator or a small group, which created and managed the entire network of claim addresses to extract outsized rewards, a known form of exploitation known as a Sybil attack.

In response to the accusations of completing a “rug pull” on its investors, aPriori introduced new guidelines to “reward genuine users” for its upcoming Monad Mainnet airdrop, which goes live on November 24. 

Under the updated framework, users will be able to unlock 15% of their allocation immediately upon the mainnet’s launch, up from the previous 12% threshold, and claimants will access a slightly larger share of their tokens on day one.

Participants can also unlock an additional 45% by depositing assets equal to five times the value of their initial allocation for a 14-day period. The remaining 85% of tokens of the airdrop allocation will become claimable six months after the network goes live, according to aPriori’s new technical documentation.

Community did not receive aPriori’s Sybil attack ‘findings’ well

Despite the reassurance from aPriori that its team was not involved in the airdrop mishap, several users accused the project of withholding information and failing to address concerns sufficiently. 

One X user said the team’s “innocent” statement was a predictable attempt to deflect blame, alleging that the project was trying to “milk” its user base again after the community showed its dissatisfaction. 

“The second phase of rug is coming. They’re literally paying botters to hype them up rn,” user IbrahimXBT reckoned.

Another member of crypto Twitter claimed the presale had struggled to sell out despite support from Coinbase, as he asked investors to block promoters who continue to endorse the project.

Claim your free seat in an exclusive crypto trading community - limited to 1,000 members.

Market Opportunity
Startup Logo
Startup Price(STARTUP)
$0.0004013
$0.0004013$0.0004013
-3.99%
USD
Startup (STARTUP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Here is What Every Investor Should Do in a Crypto Bear Market

Here is What Every Investor Should Do in a Crypto Bear Market

The post Here is What Every Investor Should Do in a Crypto Bear Market appeared on BitcoinEthereumNews.com. When prices start to crater, crowds of traders run for the hills in fear, selling into a market bottom. But history has also shown that, painful as they are, downturns in crypto can be among the richest moments for those who know what they are doing. But unlike traditional markets, crypto never sleeps and trades off narratives, as well as moves right now on innovation, or news around the world. Which is why bear markets are so volatile — and also a time when they can be fertile ground for disciplined investors who are ready rather than panicked. In past cycles, the money managers who took this longer-term approach rather than chasing quick rebounds tended to make the biggest gains when the bull market returned. Against that kind of backdrop, the humpbacked migration-type of big-game whale behavior, like seen on MAGACOIN FINANCE, is a signal that pro money has already been quietly positioning for what’s upcoming, regardless of whether retail follows their tempo or not.  Focus on Fundamentals Bear markets separate the wheat from the chaff, revealing who is genuinely building utility and who was just hype. Investors would do well to monitor developer activity, real-world applications and active partnerships along with them. Strongly established, tech-backed cryptocurrencies with active communities have the best chances of weathering a storm and also making it against the upcoming bull cycle.  Accumulate Gradually Finding the exact bottom is nearly impossible. Instead of waiting for the “perfect” entry, strategies like dollar-cost averaging (DCA) allow steady accumulation over time. This approach lowers the emotional pressure of market timing and builds exposure at more favorable prices, preparing portfolios for recovery when optimism returns. Diversify Wisely Focusing on one token is exhilarating when the market is booming, but it can also be destructive during down cycles. Holding a…
Share
BitcoinEthereumNews2025/09/20 10:16
Eyes nine-day EMA barrier near 1.3450

Eyes nine-day EMA barrier near 1.3450

The post Eyes nine-day EMA barrier near 1.3450 appeared on BitcoinEthereumNews.com. GBP/USD remains steady for the second successive session, trading around 1.3430
Share
BitcoinEthereumNews2026/01/15 11:59
Why Bitcoin Is Rising Despite Hot US Inflation Data

Why Bitcoin Is Rising Despite Hot US Inflation Data

Bitcoin is showing renewed strength, climbing close to $97,000 and reaching its highest level in nearly two months. What makes the move notable is not just the
Share
Coinstats2026/01/15 11:53