Remilia Founder Confirms Security Breach, Millions of Dollars in Ether and NFTs Stolen

Charlotte Fang, founder of Milady and Remilia, has admitted that millions of dollars in Ether and non-homogenized tokens (NFTs) were transferred to a wallet used to liquidate assets in a security breach. The incident highlights the heightened problem of hacking and security breaches in the crypto space, particularly affecting Decentralized Finance (DeFi) platforms.Dumpster DAO first noticed the unusual transaction and posted about Fang (aka Krishna Okhandiar) admitting to a serious attack on Remilia on X. The incident was reported to be the first of its kind in the crypto space. The transaction in question resulted in the assets being liquidated from the wallet, which was sold for around 850 ETH, or nearly $3 million in real terms. Fang revealed that the attack was due to an "unknown" piece of malware that "compromised his password manager, causing all connected wallets to be affected". The malware accessed one of the helper accounts. The malware accessed storage in one of the mnemonics that should have protected all wallets, including the multi-signature designated for Remilia's backing funds. Despite this predicament, Fang assured that the NFT contract and metadata versions have been moved to the hardware wallet and are unaffected. In addition, the operator sector has been moved off-chain to ensure its security. He emphasized that the organization has no current plans to sell NFT, indicating that the hack will not affect its budgetary operations.