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48 Club: Due to a backend logic error, users mistakenly claimed 1,807 KOGE, approximately 86,736 USD

Jul 07, 2025 13:42:45

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ChainCatcher message, the KOGE team 48 Club tweeted that due to a backend logic error, the first user to click to claim the reward mistakenly took the entire prize pool that was supposed to be shared by 2713 users, totaling 1807 KOGE, approximately 86736 USD. Currently, the funds from that user's address have been transferred to Binance. "We hope that the user will proactively contact us. If you are willing to return a portion of the funds, we are willing to allow you to keep 50% as a bug bounty, thank you for your white hat behavior. If we do not receive a response from the user, that address will not be able to participate in KOGE trading competitions again for at least 2713 weeks (about 52 years)."

48 Club: Due to a backend logic error, users mistakenly claimed 1,807 KOGE, approximately 86,736 USD

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