Trader Frogman wallet suspected in theft as about $4 million is moved and swapped into ETH, BNB and SOL

Trader Frogman wallet suspected in theft as about $4 million is moved and swapped into ETH, BNB and SOL

N
News Editor
2026-10-07 02:18:28
A wallet linked to trader Frogman was suspected of being compromised around five hours before the report, according to EmberCN, with roughly $4 million in assets moved out and sold. The funds were converted into ETH, BNB and SOL, then split and transferred through tools including Privacy Cash and Chainflip. The stolen assets involved nine tokens in total. EmberCN identified three of the disclosed holdings as 1.43 million BP worth about $1.77 million, 13.96 million MarsCoin worth about $1.55 million, and 3.7 million Cash Cat worth about $510,000. The wallet address tied to the theft has already been flagged. The report did not provide further details on how the wallet was compromised.

A wallet belonging to trader Frogman was suspected of being compromised about five hours before the report, with roughly $4 million in assets transferred out and sold, according to EmberCN cited by BlockBeats on Oct. 7.

The funds were swapped into ETH, BNB and SOL, then dispersed through tools including Privacy Cash and Chainflip. The stolen holdings involved nine tokens. Among the disclosed assets were 1.43 million BP worth about $1.77 million, 13.96 million MarsCoin worth about $1.55 million, and 3.7 million Cash Cat worth about $510,000. The wallet address involved has been flagged.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
200

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.