Red-Cloaked Trophy just dropped. I clicked on it and it disappeared. It did not show up in my inventory. I looked at stable and don’t see it. Am I missing something or is it bugged?
Check your materials tab ○-○
Not there 
same thing just happened to clan member but he seems to think it disappeared before he clicked on it
its a material you trade for the event currency. not a mount trophy
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I thought The Red-Cloaked Horror dropped a special cosmetic. Is this not true?
You are welcome.
No bug, pilot error.
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i dont think we can know for sure yet. apparently there are supposed to be a few secrets to the event. so we will have to see.