crypto exploit

Phantom Wallet Faces Lawsuit Over $500K Memecoin Exploit

Phantom Wallet Faces Lawsuit Over $500K Memecoin Exploit

Phantom, a prominent crypto wallet provider, faces a lawsuit following a $500,000 memecoin exploit allegedly caused by a security flaw in its system. The firm claims over 15M active users and more than $20B in token swaps in 2024 so far. Instead, it now finds itself under the shadow of...