Monad airdrop recipient loses ~$112.7K to gas after failed scripted transactions; spoofed token-transfer events and heavy trading follow mainnet launch

first published 2025-11-25T11:34:33Z

A wallet that received about $112,700 in Monad (MON) airdrop tokens spent the entire allocation on gas after executing hundreds of failed transactions, per Solscan. The pattern indicates rapid, likely scripted submissions that failed en masse. The incident follows SlowMist reports of a vulnerability in the Monad claim portal that could let attackers bind allocations to attacker-controlled wallets, and highlights ongoing airdrop-farmer extraction issues.

AI Analysis

Solscan shows a single wallet received ~$112.7K in MON and then lost the full allocation to gas fees after hundreds of failed transactions; the failures appear to be from rapid/scripted submissions. SlowMist reported a vulnerability in the Monad claim portal that could enable attackers to bind allocations to attacker-controlled wallets. These are concrete security/operational failures affecting an airdrop distribution, reducing confidence but not presenting a direct, immediate market-moving catalyst for most short-term traders.

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