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Crypto DeFi

Floki Takes Trading Bot Offline Amid Exploit Investigation

Floki has taken its trading bot offline while it investigates an exploit, the project’s team said. Affected users will be moved to new wallets, and the team warned against making further deposits into bot wallets. No loss figure was disclosed.

Original source

AI take

The decision to migrate affected users to new wallets implies the team treats the compromised addresses as unsafe to reuse, a stronger response than a simple pause. For holders who interacted with the bot, the immediate risk is deposit behavior during an unresolved investigation, which is why the warning matters more than the outage itself. The absence of a disclosed loss figure leaves the severity unclear, and whether the team quantifies the damage and explains the exploit vector is the open question.

Generated by AI for reference only.

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