A Big Mistake in Crypto: MYX Finance's $170M Airdrop Mix-Up

Crypto projects often give away free tokens to attract users. This is called an airdrop. MYX Finance did this, but something went wrong. A lot of money was involved. Up to $170 million worth of tokens might have been taken unfairly. Here's what happened. MYX Finance wanted to reward real users. But some people used a trick. They made many fake accounts. These accounts did the same things to qualify for the airdrop. This is called a sybil attack. It's like having many fake identities to get more of something. The fake accounts were new. They got money from a big exchange called OKX. Then, they all claimed their MYX tokens at the same time. This looked very suspicious. It's unlikely that so many different people would act the same way by chance. MYX Finance noticed the questions. They said they would do better next time. But some people thought their response was not sincere. They even thought it might have been written by AI. This is a big deal. Even if the fake accounts got only 1% of the tokens, it's still a lot of money. It makes people wonder if the project is trustworthy. Airdrops should be fair. But when tricks like this happen, it's hard to believe in the system.