Compensation progress update:
We have completed the review of all affected addresses.
For addresses that bridged less than 5 ETH, we will compensate 40% of the bridged amount, regardless of whether the funds were used for trading. The same compensation rate will apply to all eligible addresses in this group.
For addresses that bridged more than 5 ETH, some may be associated with phishing activity or the fraudulent bridge operation. These cases will be reviewed separately.
If your address bridged more than 5 ETH and you believe it is a legitimate affected address, please contact me directly for verification.
Official compensation distribution address:
0xdf25f88aa6cde9937fdcfcf10fa349528c79dbf9
Please verify this address carefully. Compensation will only be distributed from this address.
DYOR will never ask users to send funds, sign suspicious transactions, or pay any fee in order to receive compensation.
Further details will be shared as the compensation process moves forward.
Some people have asked about the progress of the security team. We've been in contact with the @SlowMist_Team team, and we're following up on fixed evidence
Compensation progress update:
We have completed the review of all affected addresses.
For addresses that bridged less than 5 ETH, we will compensate 40% of the bridged amount, regardless of whether the funds were used for trading. The same compensation rate will apply to all eligible addresses in this group.
For addresses that bridged more than 5 ETH, some may be associated with phishing activity or the fraudulent bridge operation. These cases will be reviewed separately.
If your address bridged more than 5 ETH and you believe it is a legitimate affected address, please contact me directly for verification.
Official compensation distribution address:
0xdf25f88aa6cde9937fdcfcf10fa349528c79dbf9
Please verify this address carefully. Compensation will only be distributed from this address.
DYOR will never ask users to send funds, sign suspicious transactions, or pay any fee in order to receive compensation.
Further details will be shared as the compensation process moves forward.
We are counting the cross-chain of more than 5ETH, and there may be some addresses related to the scammer address. If you bridge more than 5ETH, please dm me in group
full timeline of the fake GIWA chain bridge + where the money is now:
• Sep 26: signers funded via @ChangeHero_io
• 11h later: Safe + fake bridge go live
• 1,333 wallets deposit 767 ETH
• 13h later: Safe swaps the portal code and drains 766 ETH in a single tx
• 177 ETH already sent through Tornado
• 589 ETH still sitting across 4 wallets
Loss Verification Update
Affected users do not need to calculate or manually report their losses.DYOR will reconstruct the victim list directly from on-chain data.
Every ETH deposit into the Fake GIWA bridge is publicly recorded on Ethereum Mainnet. We will aggregate all deposits by wallet and use this data as the primary record for loss verification.
We have also preserved and decoded the Fake GIWA transaction data, including:
1,731 transactions
275 wallets
744 DYOR trades
More than 1300 addresses bridged
This allows us to independently reconstruct both the bridge deposits and subsequent activity on the fake network.
Users will only be required to verify ownership of their affected wallet when necessary.
On-chain data will determine the verified loss.
⚠️ Security Incident Notice
We have confirmed that the so-called GIWA Mainnet we previously identified was in fact a fake chain set up by scammers.
The fake network used the correct GIWA Chain ID (9134), which made it appear legitimate during our initial verification. We have also identified specific suspicious messages and individuals in the related community that may be connected to this incident.
Unfortunately, significant losses have already occurred through the fraudulent bridge.
We are taking immediate action:
• We are contacting professional security teams to conduct further on-chain tracing and investigate the addresses, transactions, and flow of funds involved.
• We are preserving all relevant evidence, including chat records, RPC information, bridge addresses, and on-chain transactions.
• We are preparing to use funds from our treasury to compensate affected users. The eligibility criteria, loss verification process, compensation scope, and detailed plan will be announced after the investigation and verification process is completed.
Until further notice, DO NOT use any unofficial GIWA Mainnet RPC, bridge, or contract, and DO NOT send funds to any related addresses.
We sincerely apologize to everyone affected by this incident.
Further updates will be published as soon as more information becomes available.