Floki Closes Trading Bot Temporarily During Exploit Review

According to The Defiant, Floki has taken its trading bot offline while investigating a reported exploit. The decision was made to allow the team to assess the situation and implement necessary security measures. The bot’s operation has been paused to prevent additional interactions with compromised wallet addresses.

Floki intends to migrate users who were interacting with the affected bot to newly secured wallets. The team has issued guidance advising users not to make further deposits into the bot’s original wallet addresses until the investigation concludes and migration is complete. No details about the nature of the exploit, affected wallet count, or timeline for restoration were provided.