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Market News

Discord Crypto Bot Shuts Down Over Critical Exploit

None Trading's Discord, Telegram, and official website are now offline.

Written By:
Ronak Kumar

Last updated: September 20, 2023 4:43 PM
Published 2023-09-20
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Last updated: September 20, 2023 4:43 PM
Published 2023-09-20
Discord Crypto Bot Shuts Down Over Critical Exploit

The cryptocurrency trading bot, None Trading on Discord, has shut down due to a severe security issue, resulting in significant financial losses and the departure of key team members, ultimately leading to the suspension of the project.

https://twitter.com/nonethio/status/1704334756630921237

Consequently, None Trading’s Discord, Telegram, and official website are now offline. Token holders have a 30-day window to claim their rewards before the platform becomes permanently inaccessible.

In the wake of this development, the value of None Trading tokens plummeted by a staggering 80%. At its launch just last month, the project boasted a market cap of $16.5 million.

The individual who identified as the CEO, known as Carve, claimed to be a 19-year-old with experience in NFTs and tokens since 2021, having worked on multiple projects.

The downfall of None Trading underscores the inherent risks in the cryptocurrency space, serving as a poignant reminder of the necessity for due diligence and caution when participating in such volatile markets.

Also  Read: Orbiter Finance Discord Server Hacked

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Ronak Kumar- Crypto Journalist at The Crypto Times
By Ronak Kumar
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Ronak Kumar is a Crypto Journalist with over 3 years of experience covering blockchain, AI, finance, and emerging digital trends. With a background in Commerce (B.Com) and a Postgraduate Diploma in Management (PGDM), he combines business insight with a clear understanding of the evolving crypto space. His reporting has been featured in major publications, with his work cited by NDTV, Hindustan Times, and Outlook India on topics like Trump Memecoin, Bhutan’s crypto mining, and Barron Trump’s digital presence.

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