The plaintiffs allege Phantom exposed users to malware and crypto theft. They are now seeking $3.1 million in damages.

Phantom wallet faces $3.1M lawsuit after security flaws allegedly enabled $500K theft, collapsing a Solana meme coin project.

Phantom Wallet faces a lawsuit alleging insecure key storage and undisclosed partnerships causing token theft.

Phantom faces a lawsuit over a $500K hack and Phantom security breach, highlighting alleged negligence and unregulated activities.

Phantom offers multichain compatibility (Solana, Ethereum, Bitcoin, Polygon, Base, Sui, among others), enabling users to manage a diverse portfolio of digital assets within a single wallet ...

I instantly called the police and found the criminals’ wallet, started tracking them and reached out to Phantom.” Phantom, headquartered in San Francisco and founded in 2021, released a ...

Community News: Sui's rally follows the announcement of Phantom Wallet’s integration with the Sui ecosystem. With over 7 million monthly active users and more than 560 million on-chain ...

I was away from my computer for five minutes, and my cryptocurrency crashed by 99%,” Liam Murphy, a partner at the Crypto Law Firm, said in an interview.

Phantom’s lawsuit exposes risks in noncustodial wallet security. Lack of encryption and velocity checks enabled theft. Hidden partnerships (e.g., OKX) amplify legal and security risks.