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News Explorer — Solana Developer Admits He Stole and Gambled Away Cypher User Funds

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May 14, 11:38 pm
Decrypt

Solana Developer Admits He Stole and Gambled Away Cypher User Funds

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.

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