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Crypto Hack Today: Frogman Wallets Drained Of $4 Million At TOKEN2049 Singapore

Published by
Anjali Belgaumkar

Crypto trader Frogman says attackers drained more than $4 million from two of his wallets while he was in Singapore for TOKEN2049. Lookonchain reports that nine tokens were taken, led by 1.43 million BP worth $1.77 million, 13.96 million MARSCOIN worth $1.55 million and 3.7 million CASHCAT worth $515,000. The attacker swapped the stolen assets into ETH, BNB and SOL, then moved the funds through privacy tools. Frogman says he met many new people at the event and still does not know how the breach happened. BP took the biggest hit, falling 15% on the day.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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