Remilia Hack

Crypto Breach: Millions in Ether and NFTs Compromised, Milady Founder Responds.

Charlotte Fang, founder of Milady and Remilia, confirmed a security breach resulting in millions of dollars' worth of Ether and NFTs being moved to a wallet involved in asset liquidation. Dumpster DAO first noticed the unusual transaction, prompting Fang's acknowledgment of a breach involving the Remilia treasury. The breach, attributed to unknown malware infiltrating Fang's password manager, affected connected wallets, including the multisig wallet for Remilia's funds.

Assets were sold for around 850 ETH, nearly $3 million. Despite this, Fang assured that NFT ownership and the operating treasury were secure. The organization has no immediate plans to sell NFTs, minimizing impact on budgeted operations.

The crypto community, skeptical of Fang's claims, prompted investigation by Web 3 security experts like Peckshield. This incident follows controversy in September, where Fang disclosed a misappropriation of $1 million from the treasury and faced accusations of misusing $1.7 million, leading to a lawsuit and removal due to alleged dissemination of extremist content. Milady, featuring anime-style women NFTs, has garnered attention despite these challenges.

Exploiter:

https://etherscan.io/address/0x778Be423…252cE9

Treasury:

https://etherscan.io/address/0xcf3e932f…05b9b4