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The plaintiffs allege Phantom exposed users to malware and crypto theft. They are now seeking $3.1 million in damages.
Phantom offers multichain compatibility (Solana, Ethereum, Bitcoin, Polygon, Base, Sui, among others), enabling users to manage a diverse portfolio of digital assets within a single wallet ...
Phantom Wallet faces a lawsuit alleging insecure key storage and undisclosed partnerships causing token theft.
Phantom faces a lawsuit over a $500K hack and Phantom security breach, highlighting alleged negligence and unregulated activities.
Phantom wallet faces $3.1M lawsuit after security flaws allegedly enabled $500K theft, collapsing a Solana meme coin project.
Confirm and Execute the Swap: Follow the prompts, approve the transaction in Phantom, and wait for the swap to be completed.
Phantom is a self-custodial cryptocurrency wallet that supports multiple blockchains, including Solana, Ethereum, Bitcoin, Polygon, and Sui. It allows users to manage their crypto assets ...
Phantom’s lawsuit exposes risks in noncustodial wallet security. Lack of encryption and velocity checks enabled theft. Hidden partnerships (e.g., OKX) amplify legal and security risks.