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Solana User Loses $3M in Phishing Attack Exploiting Wallet Permissions

Solana User Loses $3M in Phishing Attack Exploiting Wallet Permissions

First seen 5 Dec 2025, 16:47 UTC • •

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ThreatCluster AI
ThreatCluster •March 12, 2026 at 13:27 UTC

A Solana user lost over $3 million due to a phishing attack that exploited hidden wallet permissions. The attacker modified the wallet's Owner permission through a deceptive signature request, allowing them to control the funds while leaving the balance visible. An additional $2 million was locked in investment platforms as a result of this incident.

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