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$14.2M stolen from Solana genesis wallet via unstaking and bridging to Ethereum

Market News
10 Jul 2026
Crypto Briefing
View Source
Bearish
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A wallet linked to Solana's initial token distribution lost about $14.2 million in SOL tokens after an attacker unstaked the tokens and transferred them to Ethereum using a bridge protocol. The exact method of compromise and the bridge used remain unknown, but the pattern suggests private-key theft. This incident hasn't affected Solana's market price or indicated a broader attack on the network. Recovery of funds depends on how the stolen tokens are liquidated, with centralized exchanges offering a chance for freezing assets, unlike decentralized routes.

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