Solana Co-Founder’s Data Stolen in Migos Instagram Hack; Ransom Demands 40 BTC

Solana co-founder Raj Gokal became a target of a high-profile Instagram hack, with personal details and financial information exposed. The hackers demanded a ransom of 40 Bitcoin as payment. The breach allegedly originated from KYC documents commonly used in cryptocurrency exchanges. This incident highlights the ongoing security vulnerabilities within the crypto industry. Gokal himself warned about prior threats, and this latest attack reinforces the need for enhanced cybersecurity measures. 40 Bitcoin is the sum demanded as ransom, potentially causing financial repercussions.