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Remilias NFT Minting Temporarily Halted as Developer Siphons $1 Million in Fees

Remilias NFT Minting Temporarily Halted as Developer Siphons $1 Million in Fees

Remilia Corporation CEO Charlotte Fang Reveals Developer Diverted $1 Million in Fees

Charlotte Fang, the CEO of Remilia Corporation, recently revealed in a tweet that a developer working on the Bonkler NFT collection redirected approximately $1 million in fees meant for the platform. Despite this incident, Fang reassured the public that the Bonkler reserves, main contract, and NFTs remained secure.

Remilia Takes Legal Action Against Three Individuals

Following the revenue compromise, Remilia Corporation paused Bonkler’s daily minting. However, the company plans to relaunch the daily NFT minting alongside the upcoming v2 upgrade, which will introduce Bonkler-collateralized loans and treasury deployment. Fang emphasized that Remilia’s NFTs, metadata, and domains remain safe.

Remilia Files Lawsuit Involving Misuse of Accounts and Assets

Remilia Corporation has filed a lawsuit in the United States District Court of Nevada against three individuals: John Duff III, Henry Smith, and Maxwell Roux. The lawsuit alleges that the defendants misused their control over Remilia’s accounts and assets, breaching their fiduciary duties to the company. The lawsuit includes eleven counts of violation, including civil allegations of torts.

Recent Developments for Remilia Corporation

These recent developments come after a series of successful launches by Remilia Corporation, including the sale of the first Bonkler NFT in April and the Remilia-Con 2023 events in Tokyo. The company also introduced the MegaSize Alien Milady Fumo in June, expanding the iconic Milady brand.

Hot Take: Protecting Assets and Pursuing Legal Action

Remilia Corporation’s CEO, Charlotte Fang, is taking decisive action to protect the company’s assets and hold those responsible accountable. Despite the revenue compromise, the company remains committed to relaunching its daily NFT minting and introducing new features with the v2 upgrade. This incident serves as a reminder of the importance of implementing robust security measures in the crypto industry and the need for legal recourse in cases of misconduct and breach of fiduciary duty.

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Remilias NFT Minting Temporarily Halted as Developer Siphons $1 Million in Fees