SwissBorg Suffers Hacker Attack, Loses Approximately $41 Million USD Worth of SOL

By: theblockbeats.news|2025/09/09 08:02:49

BlockBeats News, September 9th, according to The Block, the Switzerland-based crypto platform SwissBorg stated that due to a security vulnerability incident, the company lost approximately $41 million worth of SOL.

SwissBorg emphasized that this vulnerability was not related to the company's application but involved a staking partner. It was reported that the "partner's API was breached," resulting in an attack on its SOL Earn Program.

SwissBorg stated that they plan to use their SOL treasury to help users "recover most of the balance," with the specific amount to be finalized soon. At the same time, the company also mentioned that they have been working with white-hat hackers and security partners to attempt to recover the stolen funds, with the goal of "ensuring full compensation for all users."

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