Security Incident · ETH Ecosystem
SwissBorg Affected by Euler Finance Attack: $4.50M Reported Loss
SwissBorg is a crypto asset management platform that is regulated and licensed in Switzerland, France and Estonia.
- Reported loss
- $ 4,500,000
- Attack category
- Affected by Euler Finance Attack
Incident Overview
It has its own SwissBorg app and can earn money through this mobile wallet. SwissBorg stated that the ETH and USDT in the Earn strategy suffered partial losses, including 1617.23 ETH and about 1.69 million USDT, accounting for 2.27% and 29.52% of the subscription funds respectively. SwissBorg will bear all losses.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.