Solana Developer Admits He Stole and Gambled Away Cypher User Funds

May 15, 2024

In a public statement on Twitter, a contributor to the Cypher Protocol named "Hoak" admitted to stealing over $184,077 in community funds to support a gambling addiction. The confession came after an investigation on the Cypher Protocol Discord server. Hoak expressed remorse and acknowledged the consequences of his actions.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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