SagaDAO said that the funds obtained from the sale of Saga tokens were hacked when transferring wallets.

SagaDAO announced on Discord that they had suffered a hacker attack. The organization stated that earlier today, they had transferred the funds accumulated through Saga token sales from a multi-signature wallet to a new Squads multi-signature wallet consisting of 12 committee members for decentralized finance (DeFi) activities. Unfortunately, despite adding all committee members' wallets, the threshold was not set to the expected 60% but was set to 1/12. The hacker took advantage of this and transferred all funds from the multi-signature wallet to their account. SagaDAO stated that another multi-signature wallet was not affected by this hacker attack and is making every effort to ensure the safety of the remaining funds. It is reported that SagaDAO (formerly SolanaMobileDAO) is a unique community of Solana Mobile (SAGA PHONE) holders.

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