Aku Dreams NFT launch for Akutars has coding snafu in its Dutch auction, reportedly locking $34M in funds
nftjedi
4. We are locked down and consulting with some of the best on next steps. We will mint your NFTs, and reveal them as soon as humanly possible. We will also be working to issue funds for those passholders who bid with the intention of securing a price .5 ETH below the final price.
Micah Johnson, the creator behind the young black astronaut Aku NFTs, had an unfortunate setback yesterday that no NFT creator ever wants to face.
During the launch of the Akutars on Friday, someone discovered a “gas griefing vulnerability” in the smart contract. This vulnerability allowed a third party to lock up the ETH funds that people had used to bid on the Akutars. Apparently, only the unidentified third party can unlock the $34M in ETH. Good grief! Who would do such a thing? Hope the person releases the funds.
UPDATE 4/25: Apparently the locked $34M in funds is irreversible. But today the air drop of Akutars occurred.
people think i did this for the fud, the clout
there was a gas griefing vulnerability in the contract, not sure if anyone exploited but i have posted a PoC since its over now.https://t.co/6GxvvGb59z
An unknown individual managed to setup and executed the griefing exploit during the mint and as of now $45mil USD is locked up in the AkuDreams contract. This money is both the teams and the minters who are supposed to be refunded:https://t.co/0ngMSGF5lv
Micah Johnson issued an apology to his community of Akutar supporters.
Im so sorry. Im so sorry to the Aku family. I care so deeply about the Aku family, I let you all down & I'm so sorry.
I will continue to build brick by brick, continue to work tirelessly, because without the Aku community, Aku's nothing We've come too far, I cannot stop now.
