🚨 SwissBorg Hack — $41M in $SOL
Big news just hit a few hours ago 👇
💰 193 000 SOL ($41M) stolen.
🔌 Cause: Not SwissBorg’s core systems — it was a partner’s API used for the SOL Earn program.
👥 Impact: About 1% of SwissBorg users in the SOL Earn strategy affected. Other funds are safe.
🛡️ Response: CEO @CyrusFazel confirmed SwissBorg’s treasury will cover all losses. Recovery efforts are already underway.
⚡ Market impact? Likely short-term panic by inexperienced traders, but fundamentals remain intact.
SwissBorg took a hit, but it’s managing the situation head-on.
No need to panic 😮💨
