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This is how one bad line of code locked away 11,539 ETH [$34 Million] forever. Now no one can access it, not even Devs Team.

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Yes, this is what decentralization looks like a single mistake in line of code from the devs team is going to cost people $34 Million.

Bid count tracker calculated incorrectly. This caused downstream validation to fail permanently; preventing withdrawal of mint funds.

Here's the whole thread if you want to know how it happened.

https://twitter.com/dapperSBD/status/1517766010442375168

Here another twitter user explaining the whole situation.

https://preview.redd.it/nozyumqrxbv81.jpg?width=697&format=pjpg&auto=webp&s=01002ab2b7ccc2077b94f7229250c75c677b8e60

https://preview.redd.it/ht3rw7qtxbv81.jpg?width=697&format=pjpg&auto=webp&s=bb8769a692a2ab9ba15532567e0cf7c777705f10

Source for this thread: https://twitter.com/0xfoobar/status/1517680400142716929

RIP 11,539 ETH we will never see them again.

Edit:

Arrogant team deliberately ignored people warning them of a poorly designed contract, all funds could've been locked forever, but exploiter acted in good faith so it seems all money will end up where it should. Thanks for reading!

https://twitter.com/0xfoobar/status/1517662985690484736?s=20&t=Y5HJkTxMJ0btvki2601maQ

submitted by /u/naji102
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