TechFlow news, September 9 — SwissBorg CEO Cyrus Fazel publicly stated that the company is fully investigating yesterday's security incident. Fazel emphasized that this was not an attack on the SwissBorg platform itself, but rather an external DeFi wallet used to operate the SOL Earn strategy that was exploited. The company pledged that the SwissBorg community will bear no losses, and all financial shortfalls will be fully covered by the company. It is reported that only the SOL Earn strategy was affected; all other strategies and user funds remain completely secure. SwissBorg has partnered with multiple security firms, including SEAL, zachxbt, Chainalysis, and Fireblocks, to address the incident.
Earlier report: SwissBorg’s SOL Earn Program attacked, over 190,000 SOL stolen
