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SwissBorg: Commits that the community will not bear any losses, and the official team will cover the funding shortfall

By: theblockbeats.news|2025/09/09 06:22:34

BlockBeats News, September 9th, SwissBorg CEO issued a public statement stating that they are actively investigating the security incident that occurred yesterday. The incident was not an attack on the SwissBorg platform itself, but rather an exploit of an external DeFi wallet used to operate the SOL Earn strategy. SwissBorg has pledged that the community will not bear any losses, and all funds lost will be fully compensated by the company.

BlockBeats reported this morning that SwissBorg, a Switzerland-based crypto platform, stated that the company lost approximately $41 million worth of SOL due to a security vulnerability.

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