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Trader Frogman Loses $4M From Solana Wallet at TOKEN2049

Trader Frogman was drained of $4 million from his Solana wallet at 4:14 a.m. Singapore time on the first morning of TOKEN2049, on-chain records show. The tokens were sold in four equal lots over the following nine minutes. Frogman said he has found no sign of a breach on his phone or email.

Original source

AI take

The timing and venue are the notable part: a drain executed in the small hours of a major conference morning, when travel, hotel networks and unfamiliar devices tend to multiply the ways a key or session can leak. That Frogman reports no breach on his phone or email points away from the obvious phishing story and toward the operational side of holding keys while moving through an event. Whether the attack vector is ever identified is the open question, and it matters well beyond one trader, since conference weeks concentrate exactly this kind of exposure.

Generated by AI for reference only.

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