BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Solana Co-Founder’s Data Leaked in Failed Extortion Stunt

Gary Ponce by Gary Ponce
May 28, 2025
in CRYPTO, MEDIA, SOLANA
Share on XShare in TelegramShare on Reddit
  • Raj Gokal Targeted in Data Leak: Solana co-founder Raj Gokal’s personal info, including passport and ID photos, was leaked on rapper Migos’ hacked Instagram account. The post hinted at a failed extortion attempt demanding 40 BTC (~$4.3M).
  • Social Engineering Suspected: Web3 analyst ZachXBT believes Gokal’s accounts were compromised through social engineering. The incident may be linked to the recent Coinbase data breach from mid-May.
  • 2025 Sees Surge in Crypto Hacks: Q1 2025 recorded $1.63B in crypto-related hacks—a 131% jump year-over-year. Major hits include Bybit, Cetus Protocol, and Coinbase, highlighting growing risks for both DeFi and centralized platforms.

In a strange twist that sent ripples through the crypto space, Solana’s co-founder Raj Gokal found himself in the middle of a data leak drama. Personal photos of him and his wife, including passport and ID scans that looked like KYC docs, ended up posted on Instagram. Not just any account, either—the images showed up on U.S. rapper Migos’ profile, which, yep, was apparently hacked.

The caption, oddly enough, read “you should’ve paid the 40 BTC,” hinting at a failed extortion. That’s over $4.3 million at today’s rate. The post’s been removed now, but the internet doesn’t forget easily.

Crypto Hacks Aren’t Slowing Down

Not long after the leak, ZachXBT, a well-known Web3 sleuth, chimed in. He suspects Raj was hit by a classic case of social engineering—someone tricking their way into his personal accounts, maybe to demand ransom later. With no payment made, the hackers appear to have posted the data out of spite (or boredom, who knows?).

Funny enough, just a week before this went public, Raj actually warned his followers that someone had been poking around his email and socials. Coincidence? Maybe not—especially considering Coinbase also reported a massive breach mid-May, leaking sensitive user data. Some users think Raj’s info might’ve come from that.

Thanks for actually blurring the personal info unlike every other account on CT.

Think Raj’s personal accounts got social engineered and they tried to extort him for funds with the PII obtained. Guess he didn’t pay so they started trolling and posted it after they compromised… pic.twitter.com/Cj2a2yAFa6

— ZachXBT (@zachxbt) May 27, 2025

The Bigger Picture: 2025’s Crypto Security Mess

While Gokal hasn’t said if he lost funds, the numbers speak volumes. 2025 has been brutal for security in crypto. According to PeckShield, Q1 alone racked up $1.63 billion in losses across 60+ hacks—a whopping 131% jump compared to Q1 2024. The Bybit exploit led that charge.

#PeckShieldAlert Q1 2025 witnessed 60+ crypto hacks, resulting in total losses of $1.63B, a YoY increase of 131% compared to $706M in Q1 2024.

March 2025 recorded 20 crypto hacks, resulting in $33.46M in losses, including a $5M hack affecting #1inch, which was 90% recovered.… pic.twitter.com/Pg3fHpUvUp

— PeckShieldAlert (@PeckShieldAlert) April 1, 2025

And it didn’t end there. Cetus Protocol on Sui lost $223 million this quarter. With Coinbase’s breach also drawing potential claims of over $400 million, both DeFi and centralized systems are taking heavy hits.

Bottom line? If you’re in crypto, don’t trust every DM or sketchy support link. Scammers are out in full force, and they’re getting bolder. Stay sharp.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BybitCoinbaseMigosPeckShieldRaj GokalSolanaZachXBT
Tweet1ShareShare
Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

DON'T MISS THESE! HOT OFF THE PRESS

Shiba Inu Rockets on 1.36T Volume Spike as Bulls Absorb Panic Selling — Here Is Why This Bounce Matters
CRYPTO

Shiba Inu Rockets on 1.36T Volume Spike as Bulls Absorb Panic Selling — Here Is Why This Bounce Matters

November 26, 2025
Bitcoin Reclaims $90K Ahead of Thanksgiving as Volatility Cools — Here Is What Traders Are Betting On
BITCOIN

Bitcoin Reclaims $90K Ahead of Thanksgiving as Volatility Cools — Here Is What Traders Are Betting On

November 26, 2025
Trump-Backed WLFI Accelerates Massive Token Buybacks as Price Falls Nearly 50% — Here Is What’s Really Going On
CRYPTO

Trump-Backed WLFI Accelerates Massive Token Buybacks as Price Falls Nearly 50% — Here Is What’s Really Going On

November 26, 2025
Grayscale Moves to Launch First Zcash ETF in the U.S. — Here Is Why It Matters in 2025
CRYPTO

Grayscale Moves to Launch First Zcash ETF in the U.S. — Here Is Why It Matters in 2025

November 26, 2025
XRP Reclaims $2 as the Market Calms — Here Is What Could Come Next
CRYPTO

XRP Reclaims $2 as the Market Calms — Here Is What Could Come Next

November 26, 2025
Hyperliquid Breaks to New Lows — Here Is Why the Chart Still Matters More Than the Panic
CRYPTO

Hyperliquid Breaks to New Lows — Here Is Why the Chart Still Matters More Than the Panic

November 26, 2025
Load More

Related News

Shiba Inu Rockets on 1.36T Volume Spike as Bulls Absorb Panic Selling — Here Is Why This Bounce Matters

Shiba Inu Rockets on 1.36T Volume Spike as Bulls Absorb Panic Selling — Here Is Why This Bounce Matters

November 26, 2025
Tether Becomes the Largest Independent Holder of Gold — Here Is What That Means for Crypto

Tether Becomes the Largest Independent Holder of Gold — Here Is What That Means for Crypto

November 26, 2025
Bitcoin Reclaims $90K Ahead of Thanksgiving as Volatility Cools — Here Is What Traders Are Betting On

Bitcoin Reclaims $90K Ahead of Thanksgiving as Volatility Cools — Here Is What Traders Are Betting On

November 26, 2025
Trump-Backed WLFI Accelerates Massive Token Buybacks as Price Falls Nearly 50% — Here Is What’s Really Going On

Trump-Backed WLFI Accelerates Massive Token Buybacks as Price Falls Nearly 50% — Here Is What’s Really Going On

November 26, 2025
Grayscale Moves to Launch First Zcash ETF in the U.S. — Here Is Why It Matters in 2025

Grayscale Moves to Launch First Zcash ETF in the U.S. — Here Is Why It Matters in 2025

November 26, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews