The MyAlgo hack has expanded to drain small wallets. Not a drill - get your ALGO tokens out of MyAlgo and into a hot wallet ASAP!

Searched the subreddit and the only warning post about this was 17 hours ago so... this isn't being broadcasted enough here.

But holy shit the last few hours have been insane.

https://preview.redd.it/ko4bu3nx7cma1.png?894&format=png&auto=webp&s=35978ab5c4f3eb45a47ab05f529b98f382a213f6

Based on the above, not even new MyAlgo wallets are safe anymore. The entire MyAlgo ecosystem seems to be truly compromised, and some users have even tested this: https://np.reddit.com/r/AlgorandOfficial/comments/11khgdy/important_myalgo_wallet_is_truly_compromised/

Do not, I repeat, do not create a new MyAlgo wallet and transfer your funds there - the whole MyAlgo network itself is not SAFU. Transfer your tokens over to a new Pera wallet, or even better, a Pera wallet rekeyed to a Ledger.

• If you've deployed your MyAlgo seedphrase on a Pera wallet, rekey immediately
• If you have an ALGO wallet that has interacted with a MyAlgo wallet before, rekey immediately
• If you rekeyed to a new MyAlgo wallet last week, shift your funds to a new Pera or DeFly wallet IMMEDIATELY.

I transferred my stuff over to a Ledger Pera wallet in the nick of time. Cutting it close but I'm glad that's done and over with.

My heart truly goes out to those on the Algo sub that found themselves at the center of this shitshow. And hundreds of other painful reports across all the Algorand Discord channels that I'm in. Thousands of ALGO drained. Thousands of hours of hard work, sweat, blood and tears just wrenched from their hands.

It's heartbreaking, fuck these scammers.