SagaDAO posted on the X platform that it had recovered all the funds stolen last week. 65,761.03 USDC have been sent back to the Align multi-signature wallet secured through Phase Labs. Funds were returned from the original attacker address.
Previously, SagaDAO announced in the Discord community that it had suffered a hacker attack. It was reported that when SagaDAO accumulated funds through the Saga token sale today, it was transferred from a multi-signature wallet to a new Squads multi-signature wallet composed of 12 committee members. Unfortunately, despite adding the wallets of all committee members, the threshold did not show the expected 60%, but was instead set to 1/12, which the hacker exploited to transfer all funds from the multisig wallet to his account. SagaDAO said another multi-signature wallet was not affected by the hack.