An attacker targeting the solana cryptocurrency ecosystem drained funds from thousands of wallets in an incident that could draw increased regulatory scrutiny to digital assets.

By 1 AM ET on 3 August, an unknown actor exploited a flaw to drain cryptocurrencies from 7,767 wallets where crypto holders store their funds, according to the Solana Foundation, a nonprofit that supports the network. The attack affected several wallet providers, including Slope and Phantom.