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Solana Co-Founder Hacked — 40 BTC Ransom Demanded

Key Notes

  • The hackers shared private details such as Gokal’s phone number and email address, urging followers to spam him.
  • The posts, which also promoted a meme coin, were visible for about 90 minutes before Meta intervened to regain control of the account.
  • Blockchain investigator ZachXBT suggested social engineering tactics were used to compromise Gokal’s accounts.

Sensitive data and credentials of Solana’s

SOL
$150.7



24h volatility:
2.6%


Market cap:
$78.04 B



Vol. 24h:
$3.80 B



co-founder Raj Gokal have been leaked and shared via a compromised Instagram account of the popular hip-hop group Migos. The leaked content has images of Gokal and his wife, with images sharing credentials like passports and driver’s licenses.

Hackers posted at least seven images on Migos’ account, shared with its 13 million followers. While targeting high-profile accounts to promote meme coins or execute rug pulls is a frequent occurrence, this case was notable for an apparent failed extortion attempt.


The hackers demanded 40 Bitcoin

BTC
$96 611



24h volatility:
2.1%


Market cap:
$1.92 T



Vol. 24h:
$29.09 B



from Gokal, as indicated by a caption accompanying one of the posts.

“You should’ve paid the 40 BTC,” the caption read. Similarly, another image had Gokal holding his passport, and posted with the caption “It was only 40 BTC.. should’ve paid.”

Some of the posts included sensitive personal information, such as phone numbers and email addresses. In one instance, the hackers revealed Gokal’s personal number, urging followers to spam him. Another post featured a photo of someone identified as “Arvind.”

The compromised posts were live for approximately 90 minutes before Meta intervened, restoring control of the account and removing the content. Alongside the leaked images, the hackers had also modified Migos’ Instagram bio to promote a meme coin.

Here’s How Solana Founder’s Account Was Hacked

Blockchain investigator ZachXBT commented on the incident, speculating that Gokal’s personal accounts were likely compromised using social engineering techniques over the past week. He noted:

“They tried to extort him for funds with the PII obtained. Guess he didn’t pay so they started trolling and posted it after they compromised Migos’ Instagram account today”.

Solana’s co-founder Gokal had previously warned that he was a target for hackers, who have been trying to break into his accounts. “Attackers have been trying to take control of my email, social media, Google, Apple, etc. this past week. If you see anything suspect (token launch, soliciting funds, etc) that means they got through. Be careful out there,” he said.

The leaked images appeared to resemble Know Your Customer (KYC) verification files, raising concerns about a potential connection to the recent Coinbase data breach. However, there’s no concrete evidence that proves the potential links between the two incidents.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

Bhushan Akolkar on X



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