Following Frank DeGods' announcement of stepping down as CEO, his Solana wallet was compromised, resulting in the sale of 16 DeGods NFTs. The stolen NFTs, including a rare DeGod with a mythical helmet, fetched nearly $19,000. Despite suspicions of Frank selling off assets, he clarified that he has no intention to do so. The incident has prompted him to enhance operational security. While the public was aware of the hacked wallet belonging to Frank since October, he emphasized having more NFTs in other wallets. Frank remains committed to the DeGods brand, evident from his substantial holdings in the ecosystem token. Pseudonymous team members now lead the project, as Frank looks forward to their success. DeGods, once a thriving NFT project, faced challenges due to blockchain migrations and market fluctuations, reflecting the broader NFT industry's struggles. Read more AI-generated news on: https://app.chaingpt.org/news

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