The hack is a significant monetary setback for weeks-old Saga DAO, which in the intervening time is usually a Discord server the place Saga homeowners discuss in regards to the perks their telephones are receiving, together with free tokens and NFTs. Saga DAO’s misplaced SOL got here from its promoting of a “pre-launch shitcoin” it had acquired lower than per week in the past, based on posts in its Discord.