Fogo mainnet was hacked and called out of service: the attacker took away 400 million tokens, accounting for 10% of the circulating supply

Four hundred million FOGO tokens flowed into the attacker's wallet at once, and Layer 1 public chain Fogo immediately announced the suspension of mainnet operations.

According to The Block, this batch of tokens accounts for approximately 10% of FOGO’s current circulating supply, which is close to 4% of the genesis supply. The market value at the time of the incident was approximately US$3 million.

At present, the public information only stops here. The attack method, exact time and follow-up disposal plan have not yet been announced.