Milady NFT creator Charlotte Fang said that Remilia “easily identified” the individuals involved in the exploit and will start legal action.

Milady Maker, a nonfungible token (NFT) project on the Ethereum blockchain, has fallen victim to a major exploit involving the platform’s fees and social media accounts.

Charlotte Fang, co-founder of the Milady Maker NFT collection, took to X (formerly Twitter) on Sept. 11 to announce that a developer in the Milady ecosystem has managed to divert about $1 million in generated fees from Remilia Corporation.

Remilia is the decentralized autonomous organization (DAO) behind Milady Maker NFT. The DAO saw its revenue compromised by Bonkler, its experimental finance art project created in April 2023, according to an announcement by Fang.

“The Bonkler reserves, main contract and NFTs are safe; only Remilia’s revenue from Bonkler was compromised,” Fang noted. The creator emphasized that Remilia’s reserves are “unaffected” and user assets are “perfectly safe.”

In addition to the fee reserves, the attacker has also seized code bases and coordinated with other team members in an attempt to seize control of Remilia’s social media.

According to Fang, the attacker has managed to take over three X accounts, including Miladymaker and Remilionaire, while Remiliacorp has been locked out. “Treat those three accounts as compromised until further notice,” Fang stated, providing new official accounts, including RemiliaCorp333, MiladyMaker333 and RemilioBaby.

https://cointelegraph.com/news/nft-project-milady-suffers-1million-fee-exploit

Milady NFT creator Charlotte Fang said that Remilia “easily identified” the individuals involved in the exploit and will start legal action.

Milady Maker, a nonfungible token (NFT) project on the Ethereum blockchain, has fallen victim to a major exploit involving the platform’s fees and social media accounts.

Charlotte Fang, co-founder of the Milady Maker NFT collection, took to X (formerly Twitter) on Sept. 11 to announce that a developer in the Milady ecosystem has managed to divert about $1 million in generated fees from Remilia Corporation.

Remilia is the decentralized autonomous organization (DAO) behind Milady Maker NFT. The DAO saw its revenue compromised by Bonkler, its experimental finance art project created in April 2023, according to an announcement by Fang.

“The Bonkler reserves, main contract and NFTs are safe; only Remilia’s revenue from Bonkler was compromised,” Fang noted. The creator emphasized that Remilia’s reserves are “unaffected” and user assets are “perfectly safe.”

In addition to the fee reserves, the attacker has also seized code bases and coordinated with other team members in an attempt to seize control of Remilia’s social media.

According to Fang, the attacker has managed to take over three X accounts, including Miladymaker and Remilionaire, while Remiliacorp has been locked out. “Treat those three accounts as compromised until further notice,” Fang stated, providing new official accounts, including RemiliaCorp333, MiladyMaker333 and RemilioBaby.

https://cointelegraph.com/news/nft-project-milady-suffers-1million-fee-exploit