$60 million disappears in AnubisDAO project within a day of its launch

An illustration of two black Egyptian dog sculptures facing outwards, from a pillar. On the pillar is a circular insignia with a shiba inu wearing a pharoah-like headdress. Bordering the circle is the Greek omega symbol. In front of the pillar is an open treasure chest with stacks of gold coins and jewels.AnubisDAO art (attribution)
A project called AnubisDAO launched a coin called ANKH, and were quickly flooded with cash from investors hoping to find another dog-themed memecoin success like Dogecoin or Shiba Inu. In less than 24 hours, the money vanished from the liquidity pool in what project creators claim was a phishing attack, but more likely was a rug pull. One investor interviewed by CNBC said he had invested nearly $470,000 in the coin before the money was drained.