Ethereum-based project Ether Strategy, aiming to clone Michael Saylor’s $86 billion Bitcoin bet, has encountered a significant setback due to a “misconfigured” user interface (UI).
This mishap resulted in 165 ether (ETH)—worth around $545,787.48—being mistakenly sent to an unverified contract.
The funds were since recovered and transferred to the correct contract, as confirmed by the project’s team.
The incident occurred just an hour after Ether Strategy announced the opening of its deposit phase.
In a quick response, the platform reassured users via X (formerly Twitter). They clarified that the misplaced funds were relocated to the right deposit contract.
Source: X
A transaction link was shared by one of the project’s developers, Joseph Delong, a former CTO of SushiSwap, confirming the recovery.
The mishap occurred amid Ether Strategy’s mission to replicate MicroStrategy’s leveraged Bitcoin play on the Ethereum blockchain.
Users deposit Ether (ETH) in
We współpracy z: https://www.thecoinrepublic.com/2025/02/01/ethereum-based-project-sends-165k-in-eth-to-wrong-contract/
