PANews reported on May 16 that according to Decrypt, the Solana wallet of Frank (Rohun Vora), the founder of the NFT project DeGods, was hacked, and 16 DeGods NFTs were sold, resulting in a loss of about 108 SOL (US$19,000). The incident occurred three days after he announced his resignation as CEO. Frank confirmed to the media that it was caused by a hacker attack, denied rumors that he sold NFTs, and emphasized that he still held a large number of DeGods assets.
The floor price of DeGods has fallen from a peak of $37,000 in 2023 to around $1,000 currently. Frank handed over the project to pseudonymous team members Pasta and Chill this week, and he still holds DEGOD ecological tokens worth more than $50,000. The NFT project has caused controversy due to multiple cross-chain migrations, and in 2022 it also invested in shares of the BIG3 basketball league team.
