The founder of Remilia, a decentralized autonomous organization (DAO), and the Milady Maker NFT collection has claimed to have been hacked. Krishna Okhandiar, also known by the pseudonym Charlotte Fang, claims significant amounts of Ether (ETH) and non-fungible tokens (NFTs) were transferred from Remilia wallets.

The situation initially came to light on social media platform X, where Dumpster DAO, a user, shared a screenshot allegedly showing Okhandiar stating they were “drained.” The screenshot also included a link to a wallet address that received assets from Remilia-associated wallets. Remilia is the DAO behind the popular Milady Maker NFT collection.

Blockchain records reportedly show the recipient wallet sold numerous Milady-linked NFTs, including those staked on NFTx. Additionally, a transfer of roughly $1 million worth of Ether to another address occurred. As of this writing, the recipient wallet holds nearly $1 million in Ether and various other tokens.

While the exact method of the alleged hack remains unclear, blockchain security firm PeckShield identified a prior transaction from Remilia’s treasury wallet to the address implicated in the draining.

This incident follows a separate incident in September 2023. Back then, Fang reported that a developer within the Milady ecosystem redirected approximately $1 million in generated fees from the Remilia Corporation.

The Milady NFT collection gained significant recognition in May 2023 after receiving an endorsement from Elon Musk, leading to a surge in the NFT’s floor price. However, this recent event highlights the growing security concerns surrounding the crypto industry, particularly within DAOs and NFT projects.

Officials at Remilia have yet to officially comment on the situation. The development is likely to be closely monitored by the crypto community as it awaits further details and potential actions from Remilia to address the situation.