Crypto trading platform FOMO denies hack of its iOS app

A crypto trader claimed yesterday an update for the FOMO app caused $6 million in crypto losses.

In a social media post, they cited an example of someone allegedly losing 662 SOL, worth about $62,000, after opening the iOS app called FOMO.

FOMO co-founder Prashan Dharmasena rejected the claim, countering, “It’s crazy that people can just come on this app and blatantly lie,” adding that the account in question has no transaction signed by FOMO’s fee payer.

Sticking to his story, Dharmasena repeated his defense to at least two other accusers.

The source of the original accusation is Derivatives_Ape, an X account built around Solana trading commentary, but that account isn’t the alleged victim. Instead, the post claims a “friend” suffered the loss.

According to forensic researcher ZachXBT, Derivatives_Ape, is a co-founder of Zkasino who “stole $30 million of investor funds.”

Although ZachXBT named the account as Zkasino co-founder Elham Nourzai, the handle seemed to be controlled by another Zkasino co-founder, Ildar Elham.

The transaction exists, but who caused it?

The transaction included in the original allegation is a real transaction.

Despite displaying as truncated text, the screenshot in the allegation is authentic from solscan.io, a legitimate block explorer for Solana’s blockchain. There is a transaction that moved 662 SOL out of the cited wallet 14 minutes before the allegation posted to social media.