SwissBorg's SOL Earn Wallet Faces $41.5 Million Drain After Partner API Breach
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SwissBorg's SOL Earn Wallet Faces $41.5 Million Drain After Partner API Breach

SwissBorg reported a significant theft of around 192,600 SOL, valued at $41.5 million, due to a vulnerability in a partner's API.

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

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