About $786,000 in assets were stolen from King, a long-running arbitrage bot operating on the Solana blockchain. The stolen assets included 4,260 wrapped SOL (WSOL), 191 SOL, and $366,000 in stablecoins. King had previously accumulated a total profit and loss of $7.2 million. The theft involved specific blockchain addresses linked to the victim, the drain, and the forwarding of the stolen funds. This incident highlights ongoing security risks in decentralized finance (DeFi) and the importance of safeguarding digital assets.
The Solana arbitrage bot King lost about $786,000 in stolen assets. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Nov 03, 2026 04:34 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell. Notable movers include SAND at Rp806 with a -4.08% change, AVAX at Rp151,179 with -3.93%, and YFI at Rp34,890,432 with -3.81%.
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