A significant $170 million loss has been reported by blockchain data platform BubbleMaps regarding MYX Finance, a DeFi protocol. The cause of this financial impact stems from an alleged airdrop farming incident coupled with suspected Sybil attacks. Following the airdrop, MYX token prices soared 10 times, highlighting the connection between the two events. No official response has been received from MYX Finance leadership yet. The incident raises important questions regarding fairness in airdrop distribution methods and the importance of effective measures against Sybil attacks within the crypto community. BubbleMaps utilized on-chain data to uncover the extent of the alleged Sybil attack. The impact of this incident underscores vulnerabilities in DeFi campaigns, leading to discussions about potential improvements in token distribution strategies.