Phantom Technologies Sued Over Alleged Wallet Vulnerabilities

TL;DR Phantom Technologies faces a lawsuit for alleged negligence after a security flaw allowed hackers to steal over $500,000 from its wallets. The legal action claims Phantom stored private keys in unencrypted browser memory, enabling an attacker to exploit its integrated “Swapper” feature and compromise wallet security. The case has intensified industry scrutiny over crypto. . . source: https://crypto-economy.com/phantom-technologies-sued-over-alleged-wallet-vulnerabilities/