Bullish

Solido Money Hack Drains 293M SUPRA Tokens, Mostly Foundation Funds

2026-07-28 10:11:12

Solido Money suffers security breach losing ~293M SUPRA tokens. 220M sent to Gate-linked address, with 90% of funds attributed to foundations.

Woofun AI reports that Solido Money experienced a security breach resulting in the loss of approximately 293 million SUPRA tokens. Around 220 million of these tokens were transferred to an address associated with Gate, with roughly 90% of the compromised assets belonging to foundations.

WOOFUN AI

Impact Assessment · Quick Read

The significant outflow of SUPRA tokens, particularly the portion linked to foundation holdings, may create immediate selling pressure and volatility for the asset. The transfer to a Gate-associated address suggests potential off-ramping activity, which could impact short-term liquidity. Investors should monitor on-chain movements for further distribution or exchange deposits.
Generated by WOOFUN AI · For reference only, not investment advice

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