# Yuga Labs Rescues 68 NFTs From Flooring Protocol Exploit

**Published:** 2026-06-12T12:04:28.045Z  
**Topic:** Nft Market  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/724e127d-0864-4596-b740-9aea6dc914cf

Yuga Labs executed a white-hat operation to recover 68 NFTs worth over $500,000 from a Flooring Protocol vulnerability, securing blue-chip assets.

Yuga Labs executed a white-hat operation to recover 68 high-value NFTs from a critical vulnerability within Flooring Protocol’s smart contracts [1]. The rescue, led by the company’s blockchain team, secured assets worth over $500,000 before attackers could drain them from the protocol’s liquidity pools [1].

**Key takeaways**
*   Yuga Labs recovered 68 NFTs, including 29 Bored Apes and 2 CryptoPunks, from Flooring Protocol [1].
*   The assets, valued at over $500,000, are currently held in Yuga Labs custody pending a fix [1][4].
*   A "ghost ownership" bug allowed attackers to inflate token balances with minimal Wrapped Ether [1].
*   Flooring Protocol was winding down operations due to liquidity challenges at the time of the exploit [2].

## A strategic intervention for blue-chip assets
CEO Michael Figge confirmed the operation, describing it as a strategic intervention to protect the digital collectibles [1]. The recovered haul included 29 Bored Ape Yacht Club (BAYC) NFTs, 4 Mutant Ape Yacht Club pieces, 2 CryptoPunks, 1 Azuki, 2 Elementals, 26 Captains, 1 Moonbird, 2 Doodles, and 1 BAKC [1][4]. The technical side of the operation was coordinated by 0xQuit, Yuga Labs’ Vice President of Blockchain, with support from GrailsOTC, the company’s over-the-counter

## Sources
1. Crypto Briefing — [Yuga Labs rescues 68 at-risk NFTs from Flooring Protocol exploit](https://cryptobriefing.com/yuga-labs-rescues-nfts-flooring-protocol-exploit/)
2. KuCoin — [Yuga Labs Recovers $500K in NFTs After Flooring Protocol Exploit](https://www.kucoin.com/news/flash/yuga-labs-recovers-500k-in-nfts-after-flooring-protocol-exploit)
3. Benzinga.com — [Judge Dismisses Yuga Labs Lawsuit, Rules BAYC NFTs Aren't Securities](https://www.benzinga.com/content/48031573/judge-dismisses-yuga-labs-lawsuit-rules-bayc-nfts-arent-securities)
4. En — [Yuga Labs NFT rescue operation saves 68 blue-chip assets](https://en.cryptonomist.ch/2026/06/08/yuga-labs-nft-rescue-operation/)

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Cite as: TrendWatcher, "Yuga Labs Rescues 68 NFTs From Flooring Protocol Exploit", https://www.trendwatcher.in/article/724e127d-0864-4596-b740-9aea6dc914cf
