The post Phantom Wallet Funds Disappear : Community Panicked! appeared first on Coinpedia Fintech News
Phantom wallet suffered a severe glitch today. Funds from users’ wallets disappeared for no apparent reason. It caused a huge panic in the crypto community and there were speculations of wallets being hacked. Let’s explore the case and try to understand what actually happened.
Funds Vanished from Phantom wallet
A large number of Phantom wallet users started reporting missing funds on X and Reddit. This caused a huge panic and people started to say the Phantom platform has been hacked. Many users even shared screenshots of their wallets. Several people posted on social media that their wallets have been drained. Some thought it was due to they recently bought some memecoin while others were saying the whole platform is compromised.
Source : Solana Sub-Reddit
However when users checked their wallet addresses on Solscan, they understood the case. The funds never left t
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