48Club User Claims Entire KOGE Prize Pool Due to Backend Error

KOGE's trading competition mishap resulted in one user claiming the full prize pool of 1,807 KOGE, prompting urgent recovery actions from the platform.

Summary

KOGE's trading competition faced a backend error that allowed one user to claim 1,807 KOGE, originally meant for 2,713 participants. The funds, valued at approximately $86,736, have been transferred to Binance. The user can keep 50% if they return part of the funds; otherwise, they will face a 52-year ban from competitions. 48Club is implementing system repairs and compensation plans.

Terms & Concepts