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News Explorer — Solareum trading bot on Telegram Shutting Down After a Security Breach Drained $523,000 In SOL from Users

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Apr 1, 11:26 pm
Decrypt

Solareum trading bot on Telegram Shutting Down After a Security Breach Drained $523,000 In SOL from Users

Solareum, a Telegram trading app for Solana-based tokens, is shutting down after an exploit drained $523,000 worth of SOL from user wallets. The team initially thought the popular Telegram trading bot BONKbot was responsible, but the BONK meme coin team denied any security lapse. Solareum cited insufficient funds, evolving market trends, and the recent security breach as reasons for the closure.

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