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Cryptocurrency News Articles

Raj Gokal Breach: Personal Information of Solana Co-founder Raj Gokal was Accessed by Hackers

May 27, 2025 at 02:49 pm

In a massive data breach, personal information of Solana co-founder Raj Gokal was accessed by hackers.

In a recent incident that has sparked discussion within the crypto community, personal information of Solana co-founder Raj Gokal was accessed by hackers, who then used the Migos Instagram account to post doxxed images of the executive.

On Tuesday morning, a number of doxxed images of Raj Gokal and his wife were posted on Instagram account, Migos – the American hip-hop group with 13 million followers. This was unusual for the Migos Instagram account who otherwise posts content related to music releases and albums or tour & live performance visuals.

Also, hackers reportedly gained access not only to the Migos social media account but also to Raj Gokal’s Google, email and Apple account credentials.

How Solana Co-founder’s Account Was Hacked

Even before the breach became evident, Raj Gokal had posted on his X account. On May 20, he had asked users to stay cautious about potentially misleading token launch or users collecting funds. This implies that hackers had been trying since the past week and Raj Gokal had an hint about it.

According to blockchain investigator ZachXBT, the attackers likely used social-engineering tactics to phish Gokal’s personal documentation. This includes passport scans, driver’s license photos and even “Know-Your-Customer” images that are submitted during KYC checks.

These materials may have been obtained either directly from Gokal’s devices or via illicit access to a centralized service. As the co-founder of the largest blockchain network, Solana, his personal information is of immense significance.

Raj Gokal Blackmailed to Pay 40 BTC

The hack quickly went viral on social media, with many discussing how the account was hacked and the implications of such breaches in today’s age.

It was evident that the hacker was blackmailing him to pay “the debt of 40 Bitcoins.” This would today amount to roughly $4.36 million. As of press time, Bitcoin Price is trading at $109,029 USD per BTC.

Also, there was no update seen on the burner wallet address or any signpost that the hacker was planning to launch an Solana ecosystem or speculative token launch. It is likely that the hacker was out on a personal vangeance or from the pure motive of raking in some money.

Crypto Breaches Expose Vulnerability

Solana co-founder Raj Gokal’s breach comes in line with the recent surge in security breaches across the web3 industry. There have been many instances of such breaches targeting founderd and platforms operating in web3. For one instance, the leading crypto exchange Coinbase suffered a significant data breach on on May 11, 2025.

The exchange received an extortion email from the threat actors claiming they had stolen internal documents and customer information. Coinbase then publicly disclosed the breach and it refused to pay the $20 million ransom.

On Monday, the blockchain network Sui announced $10M commit after Cetus incident. This comes after on May 22, Cetus Protocol – the largest decentralized exchange (DEX) and liquidity provider on Sui – was exploited for $223 million in user funds.

The breach began when an attacker took advantage of a critical overflow bug in Cetus’s automated market‐maker (AMM) smart-contract logic.

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Other articles published on Jun 30, 2025