The Pepe creator's NFT project was hacked, leading to the theft of millions of dollars and falling into silence.

According to reports, the NFT project ChainSaw, involving the original creator of the Pepe comic character, Matt Furie, has been silent for a period of time. Despite the project experiencing an alleged hack by North Korean hackers, resulting in a significant amount of funds being stolen, the project team does not seem to have taken proactive measures.

A blockchain analysis expert pointed out that the ChainSaw team has not taken any action for over a month since the incident occurred. It is worth noting that the stolen funds belong to a type that can be frozen, but as of now, the project team has not implemented any protective measures such as freezing.

More concerning is that there are signs indicating that a suspected North Korean hacker group has begun to transfer some of the stolen funds to a certain cryptocurrency exchange platform. This action may increase the difficulty of recovering the funds.

Reviewing previous reports, the losses caused by this security incident are estimated to exceed $1 million. As an NFT project related to the famous internet meme Pepe, ChainSaw's experience has drawn widespread attention from the crypto community.

This incident once again highlights the security challenges faced by NFT projects, and also raises questions about the project team's capability and responsibility. In the rapidly evolving crypto world, finding a balance between innovation and security remains a pressing issue that needs to be addressed.

PEPE2.9%
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NFT_Therapyvip
· 07-22 06:37
Can the funds be frozen or not? It's really frustrating to see.
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AirdropBlackHolevip
· 07-21 13:15
Rug Pull project confirmed.
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BackrowObservervip
· 07-19 18:41
Rug Pull, right? It's a definite thing.
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MemecoinTradervip
· 07-19 18:35
just another classic rugpull masquerading as a hack... ngmi
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AirdropLickervip
· 07-19 18:20
Another Rug Pull? Why does this sound so familiar?
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