
Key Points:
- SwissBorg, a crypto exchange, disclosed that approximately 192,600 SOL, equating to $41.5 million, was extracted from an external wallet linked to its SOL Earn program.
- The breach arose from a compromised API of a partner, not from the hacking of the SwissBorg platform itself.
- The platform assured that the incident affected fewer than 1% of users, guaranteeing the safety of all other funds and pledging to cover any incurred losses.
Stay Updated:
SwissBorg is in collaboration with ethical hackers, security firms, and law enforcement to trace the stolen funds. A comprehensive report of the incident will be available once the investigation concludes.
Quote from SwissBorg:
“A partner API was compromised, impacting our SOL Earn Program (~193k SOL, <1% of users).
👉 Rest assured, the SwissBorg app remains fully secure and all other funds in Earn programs are 100% safe.” — SwissBorg (@swissborg) September 8, 2025