HectorDAO silence after $2.7M hack shocks investors
Investors claim the HectorDAO team failed to protect their assets after the protocol’s deployer account whitelisted a malicious hacker address.
Investors of the Hector decentralized autonomous organization, HectorDAO, on the Fantom network are demanding control of the protocol’s remaining funds after the tea allegedly halted all communications following a Jan. 16 hack that led to $2.7 million in losses.
In a conversation with Cointelegraph, a HectorDAO investor who wishes to remain anonymous stated that the HectorDAO team stopped communicating with its community on Jan. 19. According to the source, all project social channels were muted in September 2023.
At that time, the HectorDAO team still allowed contact through a Google Group email address. However, the DAO allegedly deleted this group sometime before Jan. 19.
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