Several NFT collections supported by Pepe creator Matt Furie suffered a massive hack after accidentally hiring a North Korean for an IT role. The same group attacked another firm, Favrr, amounting to $1 million in total losses.

Furie partnered with Chainsaw, an NFT firm that apparently hired its hacker for an IT role. Favrr employed one for its CTO, showing a concerning disregard for project security.

The Increasing Threat of North Korean Hackers

Pepe, the famous cartoon frog, is a popular subject for meme coins, but his original creator has nothing to do with them. Visual artist Matt Furie created the character around 20 years ago.

By partnering with Chainsaw to launch NFT collections, Furie attempted to finally capitalize on the growing industry, but a North Korean hack apparently crashed the project.

ZachXBT, a famous crypto sleuth, posted a comprehensive rundown of the incident. Essentially, an insider transferred the mint contract for Replicandy, one of Furie’s NFT collections, in the middle of the night.

From there, t