Fantom Foundation employee loses at least $7 million of crypto in exploit

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Fantom Foundation employee loses at least $7 million of crypto in exploit
France Dernières Nouvelles,France Actualités
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A Fantom Foundation employee lost millions of dollars worth of crypto today in a hack, as confirmed by Andre Cronje.

An employee of the Fantom Foundation lost at least $7 million of crypto in an exploit today, according to on-chain data and comments from Fantom Foundation Director Andre Cronje.

"All foundation funds are secured. A fantom employee however was targeted in an attack and their personal funds were stolen," Cronje told The Block. An admin in the Fantom Telegram channel said that this was due to a zero-day exploit in the Chrome browser. The admin had said the wallets belonged to the Fantom Foundation and they were tagged as such on blockchain explorers.The exploit was publicly highlighted by a pseudonymous crypto individual known as Spreek on X.© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only.

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