Crypto trading platform FOMO denies hack of its iOS app

NewsMon, 24 Aug 2026 12:08:53 UTC50 minutes ago
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.

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