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Altcoins & DeFi

Bloom Trading Pledges Repayment After Users Report $954,000 in SOL Losses

Image: TokenPost

Bloom Trading users reported wallet thefts totaling 9,408 Solana (SOL) tokens, valued at about $954,000, and the platform pledged to reimburse nine affected wallets as it investigates the breach. The reported losses span 49 victims, with the largest single-wallet amount at 1,636 SOL, worth about $166,000. Bloom Trading’s repayment commitment applies to nine wallets. It plans to send the reimbursement directly to new wallet addresses chosen by the owners. The investigation is examining how the theft happened, including whether a third-party service provider was compromised. Bloom Trading has not said that a provider breach has been confirmed, leaving that possibility under review as the team works to establish the incident’s cause. Bloom Trading operates a cross-chain trading automation platform.

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