Flash.Trade Halts Operations After $98K Unauthorized Withdrawal
2026-07-22 13:07

Woofun AI reports that Flash.Trade suspended all transactions, deposits, and withdrawals after detecting an unauthorized withdrawal of $98,000. While trading functions have been restored, deposit and withdrawal services remain halted for approximately 24 hours to facilitate financial reconciliation. The protocol confirmed that user funds are secure, with the team committing to cover the entire $98,000 loss. Flash.Trade is currently waiting for MagicBlock to finalize its risk assessment and deploy a security patch, which is expected within 12 to 24 hours.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.
Tags:
Flash.Trade
FlashTrade
MagicBlock
Foresight News
Solana
Share:
back