Cryptic(@Cryptic_Web3):A $4M+ wallet drain hit crypto trader Frogman while he was in Singapore for TOKEN2049. Lookonchain says two wallets were compromised and 9 tokens were stolen. The biggest losses: • $1.77M in $BP • $1.55M in $MARSCOIN • $510K in $CASHCAT The attacker quickly converted the tokens into $ETH, $BNB and $SOL, then routed the funds through Privacy Cash and Chainflip. On-chain records show the first tokens left a wallet at 4:14 a.m. Singapore time and were sold within about 9 minutes. Frogman says he still doesn't know how the breach happened. He also said he had met a lot of new people in Singapore, but there is no evidence so far connecting anyone he met or TOKEN2049 itself to the attack.

2026.10.08 09:04

A $4M+ wallet drain hit crypto trader Frogman while he was in Singapore for TOKEN2049. Lookonchain says two wallets were compromised and 9 tokens were stolen. The biggest losses: • $1.77M in $BP • $1.55M in $MARSCOIN • $510K in $CASHCAT The attacker quickly converted the tokens into $ETH, $BNB and $SOL, then routed the funds through Privacy Cash and Chainflip. On-chain records show the first tokens left a wallet at 4:14 a.m. Singapore time and were sold within about 9 minutes. Frogman says he still doesn't know how the breach happened. He also said he had met a lot of new people in Singapore, but there is no evidence so far connecting anyone he met or TOKEN2049 itself to the attack.

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