Only a few days after the founder of Degods Frank (Aka Rohun Vora) said he was left of the CEO roll, a total of 16 Degods NFTs of his Solana portion in open market offers -a movement he confirmed came from an attacker through a compromised trade laptop.
The malicious actor was able to obtain more than 108 Sol, or almost $ 19,000 for the stolen NFTs, including one Degod with a mythical helmet– One of the rarest properties in the collection.
Some traders on X (formerly Twitter) quickly suspected that Frank had sold his degods After announcing his departure From the leading position, with two other members of the community who are now carrying out the project. But he told Decrypt That’s not true.
“To be honest, it’s just stupid,” Frank said Decrypt On Thursday. “The headlines are clearly funny, but for clarity, I have no intentions to sell all my DEGODs companies and I am really optimistic that the team will cook.”
In a message that is shared with the DEGODS Discord and stopped DecryptThe former CEO said he is still trying to understand what exactly happened, but believes that the issue had been admitted to one wallet.
“It could have been a lot, much worse,” he said DecryptAdding that after the incident he will do all his operational security again.
The public knew that the now hacked wallet address already in October, after that was It was shared by Frank himself While he started to get considerable attention for his meme -munting success.
And although he has now lost 16 NFTs, he said Decrypt He has many more DEGODS NFTs in other portfolios – and that there were other possible ways to take advantage of that compromised wallet, which means that they further distance themselves from the conspiracy theories that whirl on social media.
“If someone wanted to use that wallet to make money, there are much more efficient ways to do that, such as launching a coin or buying lowcaps to sell on copy traders,” he said.
Frank shared one of his Solana addresses with more than $ 50,000 to the Degods Solana Ecosystemtoken, Degod, which confirms his dedication to the brand, even though he no longer has the status of CEO.
Instead, pseudonymous team members Pasta and Chill will run the project.
“I am excited to hand over the reins to the team and see it cooking,” he Posted Monday. “Maybe we look back on this fixation on ‘Frank Degods’ as the thing that stopped us.”
I have dedicated sleepless nights to make DeGods and Y00TS a success. I am proud of the work I did.
I am excited to hand over the reign to the team and see them cooking.
Maybe we look back on this fixation on “Frank Degods” as the thing that stopped us.
– Frank (@frankdegods) May 12, 2025
Frank came up again this week to announce his departure on X, but had previously disappeared from the social media site where he grew his supporters to more than 420,000 followers, Last placement in February As speculation was intensifying around his meme coin trade and connections with other traders.
Degods, who started as an NFT project on the Solana Blockchain, flourished into one of one of one of one of one Cryptos most rabid communitiesexpanding its ecosystem to Include an accompanying collection And Bitcoin Ordinals Collection. The project even invested in a part of a team in the BIG3 Basketball League of Ice Cube, Back in 2022.
The brand treated controversy In the midst of his decision to migrate block chains several timesAnd was unable to escape the falling question that all NFT projects have startled in some form since the first Bull Run in 2021-22 faded.
The collection had a floor price, or the lowest market price for Marktplaats, of more than $ 37,000 on Solana in 2023. It is now just over $ 1,000.
Published by Andrew Hayward