Millions drained from Remilia’s treasury as founder claims hack 😱

Millions drained from Remilia's treasury as founder claims hack 😱


Krishna Okhandiar Claims Hacking After Ether and NFTs Transferred

Krishna Okhandiar, the founder of Remilia and Milady, known as Charlotte Fang, is alleging that he has been hacked after a significant amount of ether and NFTs were moved to a wallet that appears to be selling off the assets. The incident was initially brought to attention by a user named Dumpster DAO, who shared a screenshot of Okhandiar claiming to have been “drained” and provided a link to an address that has received assets from Remilia-linked wallets. This address has already sold off various Milady-related NFTs and transferred $1 million in ether to another address. As of now, the wallet still holds nearly $1 million in ether and other tokens.

Unknown Mechanism Behind the Alleged Hack

The exact method used in this alleged hack remains unclear. However, Peckshield, a blockchain security firm, identified an earlier transfer of funds from the Remilia treasury wallet to the wallet involved in the draining incident.

A History of Drama Surrounding Okhandiar and Milady

This is not the first time that Krishna Okhandiar and the Milady community have faced controversy. In 2022, Okhandiar’s controversial online activities were revealed, causing the price of Milady to plummet. Additionally, Okhandiar has been involved in lawsuits both as a plaintiff and defendant regarding the ownership of the project’s assets.

This is a developing story.

🔥 Hot Take: Krishna Okhandiar Faces Alleged Hack After Ether and NFTs Transferred

UPDATED: March 16, 2024, 6:00PM EDT

Krishna Okhandiar, the founder of Remilia and Milady, has come forward claiming that he has been hacked following a significant transfer of ether and NFTs to an unknown wallet. The incident was first brought to light by a user named Dumpster DAO, who shared a screenshot allegedly showing Okhandiar admitting to being “drained.” Subsequently, the assets were traced to an address associated with Remilia-linked wallets, which has since liquidated various Milady-related NFTs and transferred $1 million in ether to another address.

Unknown Mechanism Behind the Alleged Hack

The exact details of how this hack occurred are still unclear. However, Peckshield, a blockchain security firm, has identified an earlier transfer of funds from the Remilia treasury wallet to the wallet involved in the draining incident. Further investigation is underway to determine the method used in this alleged hack.

A History of Drama Surrounding Okhandiar and Milady

Krishna Okhandiar and the Milady community have faced their fair share of controversies in the past. In 2022, Okhandiar’s controversial online activities were exposed, resulting in a significant drop in the price of Milady. Moreover, Okhandiar has been embroiled in legal battles as both a plaintiff and defendant over the ownership of the project’s assets.

Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

This is a developing story.

Author – Contributor at | Website

Theon Barrett shines as a distinguished crypto analyst, accomplished researcher, and skilled editor, making significant strides in the field of cryptocurrency. With an astute analytical approach, Theon brings clarity to intricate crypto landscapes, offering insights that resonate with a broad audience. His research prowess goes hand in hand with his editorial finesse, allowing him to distill complex information into accessible formats.