AssangeDAO, a decentralized autonomous organization affiliated with Julian Assange, founder of WikiLeaks, has recently come under scrutiny for potential rug pulls due to questionable financial practices and lack of transparency.

Formed in 2022 to support Assange amid legal challenges, AssangeDAO received significant crypto donations, including contributions from Ethereum co-founder Vitalik Buterin.

However, concerns arose when on-chain transfers from AssangeDAO’s address raised suspicions of a “soft rug pull,” with funds being distributed to various addresses, including crypto exchanges like Kraken and Coinbase, as well as unknown smart contracts.

SlowMist and RescuETH analysts highlighted the need for transparency in DAO operations, urging investors to exercise caution and conduct thorough due diligence before engaging with AssangeDAO.

While the intentions behind AssangeDAO’s fund transfers remain unclear, investors are advised to proceed with caution. As of now, AssangeDAO has not commented on the issue.

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