Yuga Labs CEO: White Hat Operation Against Flooring Protocol Has Been Completed, Dozens of NFTs Rescued

Comparing news, Yuga Labs CEO Michael Figge posted on the X platform that his team has just completed a white hat operation against a bug discovered in Flooring Protocol. The following assets are now safely managed by Yuga Labs: 29 Bored Apes, 4 Mutant Apes, 1 BAKC, 2 CryptoPunks, 1 Azuki, 2 Elementals; 26 Captains, 1 Moonbird, 2 Doodles.

Team Vice President @0xQuit recovered these assets, and @coffeedev found the same vulnerability that placed other Flooring collections at greater risk, such as BAYC and CryptoPunks. Figge instructed the GrailsOTC trading desk to advance funds and NFTs in advance to rescue risky assets from the agreement. The team will work with the agreement developer to return the assets.