Golden Finance reports that after an unexpected vulnerability was discovered in an audited smart contract, Virtuals Protocol released a timely fix and relaunched its bug bounty program. On December 3, 2024, a security researcher who went by the pseudonym Jinu contacted Virtuals Protocol after discovering a vulnerability in a contract he had audited. However, after reporting the issue, Jinu learned that the company had not activated its bug bounty program, meaning the discovery was not eligible for a bounty. Virtuals Protocol confirmed the white-hat vulnerability discovery. Although Virtuals Protocol has promptly fixed the vulnerability, it has not yet announced a bug bounty for Jinu. In a message to the researcher, the company thanked Jinu for reporting the issue and apologized for previous miscommunications.