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Parallel Fi projects achievements in last 2 yrs: * Omni hacked for $1.5m * Paraspace hacked for $5m * ParaX fucked up * Pac Finance hacked for $1m + $26m fucked up All due to team’s negligence. Absolutely the most impressive DeFi team. Kudos to @yuboruan @Sequoia @Polychain… https://t.co/1K4pNon8UC
JUST IN: OVER $250K OF YUGA LABS ROYALTIES HAVE BEEN DEPOSITED TO A DEFUNCT @FTX_OFFICIAL ADDRESS IN THE PAST 2 MONTHS
Yuga Labs directs royalties to bankrupt FTX US https://t.co/okFnsfs24t
Yuga Labs, the company behind Bored Ape Yacht Club (BAYC), mistakenly deposited over $250,000 in royalties to a defunct FTX US address in the past 2 months. This error has raised concerns about the company's competence and financial oversight.