The post Fantom Foundation Employee Loses $7 Million in Crypto Exploit! appeared first on Coinpedia Fintech News

An employee of the Fantom Foundation has reportedly lost at least $7 million in crypto after falling victim to a zero-day exploit in the Chrome browser. According to Fantom Foundation Director Andre Cronje, the employee’s personal funds were stolen; however, all foundation funds are believed to be secure. The attack was publicly highlighted by a pseudonymous cryptographic individual known as Spreek on X. The stolen funds are said to be in the form of 4,500 ETH, worth around $7 million.