Wall Street Memes Launch Discord Hack Relief Fund to Compensate Victims of October Cyber Attack

Wall Street Memes Launch Discord Hack Relief Fund to Compensate Victims of October Cyber Attack

Friday, November 10, 2023 – In a huge move aiming to bolster support for the Wall Street Memes community, WSM have launched a Discord Hack Relief Fund that will seek to compensate victims from an October cyber attack.

Submissions for compensation claims will be left open for a week until November 17, enabling genuine victims of stolen $WSM the opportunity to file claims for reimbursement of lost funds.

These Wall Street Memes submissions will then be processed, with current plans for a refund airdrop to compensate victims taking place on November 22.


For those affected by the Discord hack, please follow the steps below carefully ????


— Wall Street Memes (@wallstmemes) November 10, 2023

Why Are Wall Street Memes Launching a Discord Hack Relief Fund?

The launch of the generous compensation fund comes mere weeks after the launch of Wall Street Memes Casino, and will refund any $WSM tokens taken by hackers who targeted the WSM Discord Server in October.

This follows the coordinated attack on October 12, which saw the $WSM discord community come under fire for over 24-hours through a deluge of scammers reaching out to unsuspecting community members.

Over the last 24 hours, The $WSM token and community has undergone a coordinated attack. The hackers specifically targeted our Discord community.

We reiterate that no one from the Wall St Memes team will ever direct message you first, or ask for any personal information – even…

— Wall Street Memes (@wallstmemes) October 12, 2023

Victims of these scam approaches saw their entire $WSM stacks stolen, leading some investors to panic..

However, the launch of the Discord Hack Relief Fund aims to remedy this, with losses expected to be compensated on a 1:1 basis.

How Does the Discord Hack Relief Fund Work – How to Submit a Lost $WSM Claim?

While the Wall Street Memes team gathered extensive intelligence on impacted users during the 48-hours following the initial cyber attack, the launch of the Discord Hack Relief Fund portal enables a simple claim to be submitted.

To start your loss claim submission you will need: access to your compromised wallet in order to sign a message alongside a clean wallet address unaffected by the hack.

Firstly, you will need to head to Etherscan and connect your compromised wallet in order to interact with the ‘sign message’ button.

Secondly, after clicking sign the message with your compromised wallet, a pop up box will appear prompting your signature (double-check here to ensure the compromised wallet address is shown under the ‘address’ box).

Thirdly, you will need to copy and paste your new clean wallet address into the box replacing the holder text [CLEAN WALLET ADDRESS].

Fourthly, it is advised you then double-check to ensure you have input the correct addresses; with the compromised hack-affected wallet address under ‘Address’ and your new clean address replacing the [CLEAN WALLET ADDRESS] holder text.

Fifthly, all that is left to do is click “sign message”, and then ‘publish’ to complete the compensation form submission, with lost $WSM tokens expected to be airdropped to your clean address on November 22 once cross-referenced with the hack data.

Submitting your claim to the Wall Street Memes Discord Hack Relief Fund is that simple!

Don’t miss your chance to recover your ticket to moon-shot returns, submit your claim to ensure you keep holding your stack and remain part of one of the most successful meme coin projects of 2023.

Buy WSM Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

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