Fogo Mainnet Restarted After Theft of 400 Million Tokens

Fogo has announced the successful restart of its mainnet, which is now functioning normally following a significant security incident. During this event, a total of 400 million FOGO tokens were stolen. In a positive development, 237 million of these tokens have been recovered and permanently removed from circulation.

The company is actively collaborating with centralized exchanges and law enforcement agencies to recover the remaining stolen assets. An ongoing investigation is in place, and Fogo has committed to providing updates through its official communication channels as more information becomes available.

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Source: KLEA News