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Floki Suspends Trading Bot During Exploit Probe, Warns Users

The team plans to issue replacement wallets to users affected by the investigation.

A phone with a blank wallet screen rests beside a disconnected cable / TokenPost.ai
A phone with a blank wallet screen rests beside a disconnected cable / TokenPost.ai

Floki has taken its trading bot offline while its team investigates a possible exploit and warned users not to send deposits to bot wallets. The shutdown puts the bot out of operation during the review, while the deposit warning addresses transfers to wallets connected to the service.

The team plans to move affected users to new wallets. That migration is a future step, not a completed transfer. The warning and wallet plan cover separate actions: users are told to stop depositing into bot wallets, while the team intends to provide affected users with replacement wallets.

The immediate user guidance is to avoid further deposits into bot wallets. The investigation is ongoing, and the bot remains offline as the team works through its response. Floki's action describes the service's status during the investigation; it does not establish that an exploit succeeded.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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