Nearly six hours into the revelation, Gabagool released a note revealing various events that led him to attempt theft. Velodrome’s biggest mistake was to give ownership of its wallet’s private key to five individuals, which included Gabagool.
“Not much else to say. I’m extremely stupid, incredibly disappointed in myself and unsure about what next, legally speaking.” While no details about the hack were revealed, numerous investors raised eyebrows on the matter, with one stating:
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