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NFT projects linked to Pepe meme creator Matt Furie and ChainSaw suffered a $1 million loss due to contract takeover exploits. On-chain investigator ZachXBT traced the attacks to suspected North Korean operatives, highlighting vulnerabilities in crypto project outsourcing.
- Attackers hijacked NFT contracts tied to Pepe creator Matt Furie, stealing $310K from ChainSaw projects and $680K from Favrr.
- ZachXBT linked the exploits to GitHub accounts ('devmad119,' 'sujitb2114') with North Korean indicators like Korean system settings and Astral VPN usage.
- Favrr’s CTO deleted his LinkedIn post-exploit, while stolen funds moved through Gate.io; ChainSaw’s drained NFTs remain inactive.
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