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Abnormal Distribution of KOGE Trading Competition Prize Pool, One User to Be Banned for 52 Years

Abnormal Distribution of KOGE Trading Competition Prize Pool, One User to Be Banned for 52 Years

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2025/07/07 06:43

Odaily Planet Daily reported that KOGE’s official incident report states that due to a backend logic error during last week’s KOGE trading competition, the first user to click and claim the reward mistakenly received the entire prize pool—originally meant to be split among 2,713 users—totaling 1,807 KOGE (approximately $86,736). The funds from this user’s address have since been transferred to an exchange.
The official statement notes that if the user proactively contacts the team to return part of the funds, they will be allowed to keep 50% as a bug bounty. Until then, the address will be suspended from participating in the next 2,713 trading competitions. If there is no response, the earliest the user can participate again will be in about 52 years.

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