---
title: "Solana-based Cypher developer confesses to gambling away $300K of user funds"
url: https://diffcoin.com/solana-based-cypher-developer-confesses-to-gambling-away-300k-of-user-funds/
description: "The insider’s exploit went unnoticed for months, despite over 36 individual transactions. Source link"
published: 2024-05-15
updated: 2024-05-15
author: "Mila"
site: "Diffcoin"
---

# Solana-based Cypher developer confesses to gambling away $300K of user funds

The insider’s exploit went unnoticed for months, despite over 36 individual transactions.

[Source link](https://cointelegraph.com/news/solana-cypher-developer-gambling-scandal)