An unknown attacker breached the Fogo Foundation, moving roughly 400 million FOGO tokens to a malicious address, according to ChainCatcher. The foundation said it has alerted major exchanges and is coordinating with law enforcement and blockchain forensics experts. The incident will not affect the Fogo blockchain itself, the foundation noted, and the network continues to operate normally. The foundation says it will publish further updates after more information becomes available.
An unknown attacker breached the Fogo Foundation and moved roughly 400 million FOGO tokens to a malicious address, according to ChainCatcher.
The foundation said it has notified major exchanges and is working with law enforcement and blockchain forensics experts. The event will not affect the Fogo blockchain itself, and the network remains operational. The foundation will release further updates once more information is available.
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