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Shredded Apes LP Drained, 78M Tokens Liquidated

Shredded Apes announced on Feb. 1 that its main wallet containing royalties and the native token (WHEY) was breached.

The official Shredded Apes explained that all funds were transferred to “‘EgnTKUUsN1nyq4ap7hK9VSqSettH6T4gvLvdj3spneCg‘ about 2-3 hours ago,” at the time.

“I was just notified by one of my team members that our LP got drained. Our main wallet containing all of our royalties and $WHEY got breached.”

Approximately 78 million WHEY tokens were transferred to the Shredded Apes royalties wallet the week of Jan. 23, during token migration to Mintinglab V2.

All of the 78 million tokens were liquidated, according to the official Shredded Apes twitter thread.

(By Josh O'Sullivan)

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