The Chef and His $SUSHI
- DeFi
SushiSwap’s anonymous founder Chef Nomi withdrew 20,039 ETH and 2.5 million $SUSHI tokens from the developer fund, causing an 80% crash and sparking outrage. Nomi later returns $14m in funds and hands control to Sam Bankman-Fried to stabilize the protocol.
Incident Details
- Type
- GOVERNANCE ATTACK
- Funds Lost
- $14M
- Status
- Partial recovery
Chef Nomi returned funds and ceded control to SBF; the incident became defining DeFi governance lore.