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We’ve just finished a whitehat operation on an exploit discovered in Flooring Protocol. Now safely in the custody of Yuga Labs: 29 bored apes 4 mutant apes 1 bakc 2 cryptopunks 1 azuki 2 elementals 26 captains 1 moonbird 2 doodles @0xQuit, our VP of Blockchain recovered the NFTs. Will leave the details for him to go over in a separate thread. There was an exploit earlier this morning on the same protocol which had left some collections already raided. Huge shout to @coffeedev who found that by tweaking the same exploit, there was an even larger risk to other Flooring collections like BAYC and Cryptopunks. I quietly instructed our GrailsOTC trading desk to front the money and NFTs to rescue the at-risk assets from the protocol. We will work together with the protocol devs to return these assets once a solution is sorted. Could mean contract relaunches and token reassurances within that protocol - or more. But thanks to this move we were able to save dozens of assets from impacting the market and flooring protocol tokens from being compromised. bored ape yacht club

@0xQuit want to highlight that we're very fortunate to have @0xQuit and @coffeedev as the good guys in this industry. they jammed for 6 hours on a sunday to make sure this got done right. they're truly the great people behind this operation.