Solana Arbitrage Bot King Stole $786,000 in Assets

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A Solana arbitrage trading bot named King, with a total PnL of $7.2 million, was hacked, resulting in the loss of approximately $786,000 in assets. The stolen assets include 4,260 WSOL, 191 SOL, and $36.6 million in stablecoins. The drain address is BHRayETPjvgg3BCr9H82V1D6NRwxu5v44JAaVuaod3jU, the forwarding address is Ddmy5oM8xtTs1EBC6eF2SZwQfBreewQpFgtUDm51Hkqj, and the victim address is 7dGrdJRYtsNR8UYxZ3TnifXGjGc9eRYLq9sELwYpuuUu. Value investing in crypto remains a key focus amid such security risks.

Odaily Planet Daily reports, according to Onchain Lens monitoring, King, one of Solana’s oldest arbitrage bots, has accumulated a PnL of $7.2 million, with approximately $786,000 in assets stolen, including 4,260 WSOL, 191 SOL, and $366,000 in stablecoins. The drain address is BHRayETPjvgg3BCr9H82V1D6NRwxu5v44JAaVuaod3jU, the forward address is Ddmy5oM8xtTs1EBC6eF2SZwQfBreewQpFgtUDm51Hkqj, and the victim address is 7dGrdJRYtsNR8UYxZ3TnifXGjGc9eRYLq9sELwYpuuUu.

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