Floki takes trading bot offline following wallet exploit
Floki has suspended its trading bot after uncovering an exploit affecting bot wallets, launching an investigation and moving remaining user assets to secure addresses.
Floki has taken its trading bot offline after discovering an exploit affecting bot wallets, according to reports by The Block, BSCN, and crypto.news. The project halted the bot's operations while it investigates the breach and determines the full scope of impacted users and funds.[1][2][3]
The Floki team stated that it is working to safeguard remaining user balances and verify exactly which accounts were compromised. Affected users will be transitioned to new, secure wallets, with any remaining funds transferred directly to them.[1][2]
Until further notice, Floki urged users not to deposit any funds into bot wallets and warned against sharing private keys. The team also advised anyone who previously exported a private key and still holds assets in a bot wallet to move those funds immediately to a wallet under their sole control. Additionally, Floki warned community members to ignore unsolicited offers of refunds, emphasizing that the team will never initiate a direct message or ask for a seed phrase.[1][2]
Key facts
- Floki took its trading bot offline after discovering an exploit affecting bot wallets.
- The Floki team is investigating affected wallets and working to confirm which specific bot users were impacted.
- Affected trading bot users are being moved to new secure wallets, with remaining funds sent to them.
- Users have been instructed not to deposit funds into bot wallets or share private keys until further notice.
- Users who exported private keys and still hold funds in bot wallets were advised to transfer them to self-controlled wallets.
- The Floki team cautioned users to disregard third-party refund offers, stating it will never send a direct message first or ask for a seed phrase.
Sources · 3 sources
- CN
crypto.news@cryptodotnewsPost on X ·
BREAKING: FLOKI takes trading bot offline after discovering exploit The team is investigating affected wallets, moving remaining user funds to secure wallets and warning users not to deposit funds or share private keys until further notice. https://t.co/GiUnXs68N6
Open source - BS
BSCN@BSCNewsPost on X ·
Floki takes its trading bot offline while it investigates an exploit @FLOKI is working to protect remaining user funds and to confirm exactly which @flokitradingbot users were affected. Those users will be moved to new, secure wallets, and any remaining funds will be sent to them. Until further notice, nobody should deposit into a bot wallet. Users who exported a private key and still hold funds there should move them to a wallet only they control. The $FLOKI team said it will never DM first or ask for a seed phrase, so ignore anyone offering “refunds.”
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Floki announced that it discovered an exploit on Thursday affecting bot wallets. The project has taken the bot offline and is identifying affected funds and users. https://t.co/2Zb9XDCwQm
Open source