09.09.2025 02:29
The crypto asset management platform, SwissBorg, has fallen victim to a major security breach on the Solana network, resulting in a staggering loss of 192,600 SOL, which is valued at approximately $41.5 million.
This multimillion-dollar security failure was initially brought to public attention by the well-known blockchain investigator ZachXBT, who disclosed through internet sources that the platform had been compromised just hours prior, with the culprits making off with a significant sum.
In the immediate aftermath of the event, SwissBorg has remained silent, with the company yet to release an official statement detailing the nature of the exploit or the specific vulnerabilities that allowed the attackers to compromise such a substantial amount of funds.
