$LADYS Memecoin Founder Charlotte Fang Faces $3M Hack

Charlotte Fang, the respected founder of Milady decentralized finance (DeFi) platform and $LADYS memecoin, revealed on Twitter that someone had tried to hack her personal system. Fumo LP and staked NFTX assets were the main targets. Fang reported that the thieves stole 850 ETH.

Charlotte Fang tweet

$LADYS Founder Warns of System Hack, All Imported Wallets at Risk

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The situation was serious when Fang warned her followers that their system had been hacked, putting all imported wallets at risk. The news shocked the DeFi community and showed how persistent cybercriminals are targeting cryptocurrency users.

As the breach investigation began, Fang stated that while a full technical analysis was underway, the Fumo LP and staked NFT assets were the main victims. Fang assured everyone that NFT contracts were safe in hardware wallets despite the breach, which was a relief amidst the chaos.

However, selling off many stolen NFT assets showed how quickly the hackers were acting. Fang was angry that they couldn’t stop the outflow and couldn’t send the leftover NFTs out because the gas was draining. She also claimed that some derivative supplies in the compromised wallet were left alone due to their low value.

Fang Warns of Unrelated Pepeboost Support Amid Breach, Clarifies Solana Bot Not Involved

The founder of Pepeboost, a platform unrelated to the breach, offered surprising support. In support of Fang and Milady, they helped when needed. Be careful, Fang warned, as Pepeboost’s Solana trading bot wasn’t related to the breach. She clarified that system malware or a hacked password manager caused the breach, not the Solana trading bot.

Fang’s cautiousness prompted Pepeboost’s founder to reassure her and the community that their platform was honest. They discussed their security commitment and perfect record. They also discussed the platform’s large user base and strict security measures since its launch.

Despite the Pepeboost founder’s assurances, Fang knew the Solana trading bot was just one of many tools used during the breach. She clarified that mentioning the bot was not an accusation but an attempt to set the stage for the investigation.

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