As Lootverse advances with the launch of new features, the Loot NFT team has also worked non-stop to guarantee that the ecosystem will keep a high level of security and stability. The radical transparency of our research, innovation, and development process is critical to this trajectory. For that reason, this notice reports the following issue that has been identified and properly handled recently.
Last week, our tech managers identified a suspicious activity by 2 specific accounts attempting to generate Lootian Tickets. This matter was flagged through our audits and was promptly addressed internally. The company has been running a bug bounty program since a few months with the aim of allowing users to responsibly disclose any security issues, but the users in question did not comply with the rules, showing malicious behavior. To safeguard the environment, their accounts were promptly suspended in accordance with the company’s risk mitigation policies.
A formal resolution on their accounts and any additional platform or legal actions will be considered following investigations. Note that no users’ information was affected or exposed, and the systems are working normally. The Loot NFT team is reinforcing the security and legal protocols to provide the best experience in a safe and secure environment.
