FEG (Feed Every Gorilla) announced on X platform that FEGrox is actively investigating illegal transactions and has asked PeckShield for additional support to find the root cause. In addition, FEG understands the community's frustration and has made countless sacrifices over the past four years to build this project, so it will work to find answers and solve problems. Centralized exchanges have received notices to stop trading, and more information will be shared once available.

Preliminary investigations show that there may be loopholes in the wormhole bridge, which have been audited before. It is also important to emphasize that the SmartDeFi contract code does not appear to have been compromised, and the SmartDeFi protocol has been suspended as a precautionary measure. Projects built on this protocol are currently still safe.