Mistakes Were Made From a Wallet Frank DeGods Controls: Founder Wallet Drained as He Exits
Just days after Frank, the founder of DeGods, announced his departure as CEO, 16 NFTs from his Solana wallet were sold off following a hack. This incident raised suspicions among community members, but Frank clarified that his wallet was compromised via a hacked trading laptop, denying any intent to sell his assets. The stolen NFTs yielded over 108 SOL, around $19,000. Despite the breach, he reassured his commitment to the project, stating he still holds valuable assets in different wallets. Frank expressed optimism for the future under new leadership, emphasizing the need for operational security improvements. DeGods, which began as an NFT project on Solana, saw its floor price plunge from over $37,000 to just above $1,000 amidst market downturns. With a new team at the helm and plans to revamp the project's operations, Frank believes it's an opportunity for the brand to thrive without being tethered to his identity as founder. He also shared his perspective on the broader NFT market and future avenues for growth in trending DeGods assets.
Source š