Phantom sued after alleged wallet flaw led to $500,000 crypto theft, Wiener Doge token collapse

Terran Coin Trading Down 12.6% Over Last 7 Days (TRR)

Terran Coin (TRR) traded up 3.1% against the US dollar during the 1-day period ending at 9:00 AM Eastern on April 15th. One Terran Coin token can currently be bought for approximately $0.0003 or 0.00000000 BTC on popular cryptocurrency exchanges. Over the last seven days, Terran Coin has traded 12.6% lower against the US dollar. […]

Phantom Technologies Sued Over Alleged Wallet Vulnerabilities - Crypto Economy

TL;DR Phantom Technologies faces a lawsuit for alleged negligence after a security flaw allowed hackers to steal over $500,000 from its wallets. The legal action claims Phantom stored private keys in unencrypted browser memory, enabling an attacker to exploit its integrated “Swapper” feature and compromise wallet security. The case has intensified industry scrutiny over crypto wallet safety, prompting calls for stronger security measures and gr…

Phantom Wallet Sued for $3.1 Million Over Security Flaws in $500K Crypto Theft - WorldNL Magazine

TLDR A lawsuit alleges Phantom wallet’s security vulnerabilities led to theft of $500,000 in Wiener Doge tokens Attorney Thomas Liam Murphy and 13 plaintiffs claim Phantom stored private keys in unencrypted browser memory The hack and subsequent token liquidation allegedly destroyed the $3.1 million Wiener Doge project Plaintiffs seek $3.1 million in damages for violations including operating as an unregistered trading platform Phantom denies a…

Phantom Wallet Faces $3.1M Suit After $500K Meme Coin Theft

Phantom sued for $3.1M after $500K in memecoins stolen via browser vulnerability.  The lawsuit claimed a hacker drained wallets by accessing decrypted keys from browser memory. Solana-based memecoin launchpad, Pump. Fun also faced a similar lawsuit for investor losses. Phantom, a well-known cryptocurrency wallet that supports Solana, Ethereum, Bitcoin, and other blockchains, is facing a $3.1 million lawsuit due to a browser vulnerability that en…

Phantom Wallet Sued for $3.1 Million Over Security Flaws in $500K Crypto Theft

TLDR A lawsuit alleges Phantom wallet’s security vulnerabilities led to theft of $500,000 in Wiener Doge tokens Attorney Thomas Liam Murphy and 13 plaintiffs claim Phantom stored private keys in unencrypted browser memory The hack and subsequent token liquidation allegedly destroyed the $3.1 million Wiener Doge project Plaintiffs seek $3.1 million in damages for violations including operating as an unregistered trading platform Phantom denies a…

Phantom Technologies Sued for Over $500K Crypto Theft Due to Alleged Security Flaws - The Blockopedia

In a new development, a lawsuit was filed on Monday alleging that Phantom Technologies, a leading crypto wallet provider, had… The post Phantom Technologies Sued for Over $500K Crypto Theft Due to Alleged Security Flaws appeared first on The Blockopedia.