DeGods Founder Frank Faces Wallet Security Breach, Denies NFT Selloff Rumors

A recent security incident has affected DeGods founder Frank (Rohun Vora), whose Solana-based wallet was compromised by unauthorized parties. The breach resulted in the loss of 16 valuable DeGods NFTs, which attackers quickly liquidated on public markets. The financial damage from this incident totaled approximately 108 SOL tokens, equivalent to roughly $19,000 at the time. The timing of this security event raised eyebrows within the community, coming shortly after Frank’s public announcement of stepping down from his role as the project’s CEO.

The Attack: How a Single Wallet Was Compromised

Frank disclosed that the security breach originated from his trading laptop being infiltrated with malicious code. Importantly, he clarified that the compromise was contained to a single wallet address, limiting the scope of potential damage. This controlled containment suggests that his other wallets and digital assets remained secure throughout the incident. The attacker’s ability to access his trading device highlights the ongoing risks that high-profile figures in the crypto space face from sophisticated cyber threats.

Frank Responds: Setting the Record Straight on DeGods Holdings

Following the breach, Frank took to social media to address mounting speculation about his involvement in aggressive NFT selling. He firmly rejected these claims, emphasizing that the liquidation of the 16 NFTs was entirely attributable to the unauthorized hack rather than intentional sales. To demonstrate his continued commitment to DeGods, Frank revealed that he maintains substantial NFT holdings across multiple secure wallets. Additionally, he confirmed maintaining DEGOD token reserves valued at over $50,000, underscoring his ongoing investment in the project’s future despite the recent security setback.