Milady Founder Acknowledges Hack After Loss of Millions in ETH and NFTs

Milady Founder Acknowledges Hack After Loss of Millions in ETH and NFTs

Charlotte Fang, the founder of Milady and Remilia, acknowledged a security breach after millions of dollars worth of Ether and Non-fungible tokens (NFTs) were moved to a wallet engaged in asset liquidation.
The incident highlights the escalating issue of hacks and security vulnerabilities within the crypto sector, especially affecting decentralized finance (DeFi) platforms.
Remilia Treasury Breached in Hack
Dumpster DAO first noted the unusual transaction and posted on X, bringing attention to Fang’s (also known as Krishna Okhandiar) acknowledgment of a breach involving the Remilia treasury. The transactions in question led to a drainer wallet for liquidating assets, which sold them for approximately 850 Ether (ETH), equivalent to almost $3 million.
Remilia treasury appears to have been drained
Assets from multiple official Remilia wallets have been moved to the address below and are being sold off
0x778Be423ef77A20A4493f846BdbcDDfc30252cE9 pic.twitter.com/AgwmVwWIE4
— Dumpster DAO

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