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NFT Drama Erupts as Former DeGods CEO's Wallet Sells Off Collection Post-Resignation
The crypto world is buzzing. Former DeGods CEO Rohun Vora, known as Frank DeGods, is at the center of a strange situation. His wallet just sold 16 DeGods NFTs. The timing? Just three days after he quit.
People are talking. A lot.
Frank Leaves, NFTs Vanish
Frank walked away on May 12, 2025. His X post was clear.
"I dedicated 3 years of sleepless nights trying to make DeGods & y00ts a success. I'm proud of the work I did. I'm excited to hand the resign to the team and watch them cook. maybe we'll look back at this fixation on 'frank degods' as the thing that was holding us back."
Then it happened. His Solana wallet seemed to empty itself. Sixteen DeGods NFTs sold through Magic Eden. Just like that.
The DeGods team jumped on Discord with an explanation. They claim Frank got hacked. His laptop was compromised. Someone made off with 108 SOL – about $19,000 from the sold NFTs.
Hack or Convenient Exit?
The community isn't convinced. Not entirely.
"I'm not seeing any other assets stolen. So the hacker was kind enough to only sell his degods and nothing else?" one X user pointed out.
It does seem odd. The timing raises eyebrows. Right after resignation? It kind of feels convenient.
DeGods NFTs aren't what they used to be. They've crashed from $37,000 to roughly $1,000 each. Maybe Frank saw the writing on the wall? Cash out now before things get worse?
Frank insists he was hacked. No smoking gun has emerged either way.
The Bigger Picture
DeGods has had a bumpy road. The project hopped from Solana to Ethereum then back to Solana. Fans weren't pleased. Innovation slowed. The market cooled.
This whole mess reflects the NFT market's decline since the glory days of 2021-2022. Many collections are shadows of their former selves.
Hack or strategic exit – the damage is done. Investors now look at DeGods with fresh skepticism. Recovery seems uncertain in 2025's digital landscape.