ADDRESSING THE WAZIRX EXCHANGE EXPLOIT
It came to our notice earlier today that top Indian crypto exchange WazirX was exploited for over $230 million, $4.7 million of which was in the form of $FLOKI tokens.
We would like to highlight a few VERY IMPORTANT facts:
1. The exploiter is fully out of FLOKI tokens. The exploiter has sold every last cent of FLOKI token he/she got. Not only was the sell fully absorbed by the market, which shows how strong and liquid Floki is as an asset, but the hacker no longer has any Floki token to sell. That's right, ZERO! So, going forward you can expect zero impact from the hacker as far as Floki is concerned.
2. We empathize with WazirX and Floki holders on the exchange. We understand that WazirX immediately paused withdrawals and is actively working on getting to the bottom of this. We're actively collaborating with them to understand the impact of this on Floki holders on the exchange and to make sure that the impact on holders is minimal. We hope WazirX is able to get through this and come out stronger!
3. We will keep you updated should there be new developments that affect people who had their Floki on WazirX and were affected by this incident.
Stay SAFU!