Ignored Warnings Led to BSC Theft — Expect More Exploits Without Governance Fixes
This is very bad, and I did everything I could to warn about the harmfulness of these decisions in crypto.
My warnings were ignored — including before the theft on the BSC network.
The same vulnerabilities could have been prevented earlier, but instead they were later exploited in the Okta network.
Analysis
Recommendation
Cut exposure to affected tokens and projects, avoid new allocations until governance and security fixes are verifiable, and monitor on-chain activity for further indicators of exploitation risk.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.