Fabric Protocol's ROBO token airdrop is under scrutiny after blockchain analytics from Bubblemaps revealed that approximately 7,000 wallets, exhibiting identical transaction patterns, claimed 199 million ROBO tokens (40% of the airdrop), valued at around $8 million at launch. The analysis identified a coordinated funding structure where new wallets were created, funded with similar amounts of ETH from at least seven exchanges, and routed through multiple intermediary layers before claiming the airdrop, strongly suggesting a Sybil attack by a single entity. While no evidence links this activity to the project's core teams, the incident highlights persistent vulnerabilities in airdrop mechanics and could introduce future sell pressure from the concentrated tokens. Despite the findings, the token's price has shown short-term resilience.
ambcrypto2026.03.20
