"Charlotte Fang", the leader of the <a href="https://www.web3isgoinggreat.com/?id=founder-of-milady-nft-project-revealed-to-have-horrifying-history" target="_blank">controversial</a> Remilia project (known for its Milady NFTs), claimed he was hacked and drained of ETH and NFTs potentially worth several million dollars. Although the project's treasury used a <button class="define-target" id="multisig">multi-signature</button> model, the <button class="define-target" id="private-key">private keys</button> were stored in one password manager, which Fang says was compromised.<p>The attacker stole around 490&nbsp;ETH (~$1.8&nbsp;million) and $58,000 USDC, along with more than 130&nbsp;Milady NFTs, 320&nbsp;Remilio NFTs, and hundreds of derivative tokens issued on the NFTX platform. Based on <button class="define-target" id="floor-price">floor prices</button>, the assets are valued at north of $6&nbsp;million.</p><p>The mechanism of the attack is still uncertain, though Fang has said he suspects malware that could have intercepted credentials to his Bitwarden password manager. Some have expressed skepticism around the "hack", suggesting it could have been inside job. The Remilia group had suffered a separate <a href="https://www.web3isgoinggreat.com/?id=remilia-theft" target="_blank">$1&nbsp;million loss in September 2023</a> — blamed on a rogue developer — and failed to implement many security safeguards after that incident.</p>

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