White Hats Rescue Over $5.7 Million in Stolen NFTs

Yuga Labs Blockchain VP Quit announced that the retrieval station for NFTs secured by white hats is now live. This comes after a vulnerability in the Payment Processor was exploited, allowing attackers to steal over $5.7 million worth of NFTs, including Meebits, Otherdeeds, and World of Women.

The incident occurred when Limit Break's Payment Processor was compromised, leading to the theft of 23,155 NFTs. Quit stated that a total of $5.7 million to $6 million worth of NFTs were secured by white hats and temporarily stored at a designated custody address.

Quit noted that some series have transfer validators and cannot be claimed yet, but he will communicate with the project team in a few days. He also mentioned that the retrieval uses EIP-7702 delegated wallets, and some wallet simulations may report exceptions or warnings.