Cryptocurrency trader Frogman lost $4 million on the opening day of Token2049
2026-10-08 05:29:22
CoinMeta data: crypto trader Frogman suffered a wallet theft on the opening day of Token2049, resulting in a loss of about 4 million US dollars. On-chain data indicates that the attacker divided the tokens extracted from the Solana wallet at Frogman into four parts for sale within nine minutes. The theft occurred at 4:14 AM AM Singapore time, while Frogman was attending a meeting at that time. Frogman stated on social media: "Over 4 million US dollars were stolen at 4:30 AM AM; I was sleeping at that time." He thanked "the teams and individuals who assisted with the investigation" and mentioned that he would share more information. This incident involved two wallets belonging to Frogman, with a total loss of about 4 million US dollars. On-chain analyst Ashes identified the relevant transactions five hours before the theft at Frogman; the largest transaction was for tokens worth about 1.77 million US dollars.
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Source:Cryptopolitan
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