The post DeGods Ex-CEO Frank Under Fire After NFT Wallet Breach appeared on BitcoinEthereumNews.com.

The sale of 16 DeGods NFTs from the Solana wallet of former DeGods CEO Rohun Vora, popularly known as Frank DeGods, has sparked intense debate within the crypto community. The unexpected move has led to speculation about his motives and timing. Notably, the bulk sale occurred just three days after Frank officially announced his resignation as CEO of DeGods. Frank’s Resignation and the Sudden Sale of 16 NFTs Frank DeGods, the founder of DeGods, announced his resignation as CEO via his X account on May 12, 2025. He shared that he would step down from leadership after three years of dedication. “I dedicated 3 years of sleepless nights trying to make DeGods & y00ts a success. I’m proud of the work I did. I’m excited to hand the resign to the team and watch them cook. maybe we’ll look back at this fixation on ‘frank degods’ as the thing that was holding us back,” he said on X. Just days after the resignation announcement, Frank’s Solana wallet was compromised, leading to the sale of 16 DeGods NFTs on the Magic Eden platform. List of Frank’s NFTs Sold on Magic Eden. Source: Magic Eden According to a Discord chat allegedly from the DeGods team, Frank’s account was hacked. The laptop he used for transactions was compromised, allowing the hacker to earn over 108 SOL, equivalent to nearly $19,000, from the stolen NFTs. A Hack or Did Frank Sell the NFTs Himself? Frank and the team insist this was a hack. However, the crypto community remains divided, with some believing the claim and others questioning its motives. “I’m not seeing any other assets stolen. So the hacker was kind enough to only sell his degods and nothing else?” an X user questioned. Another X user claimed that the timing of the sale…

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Filed under: News - @ May 16, 2025 9:26 am