Bloomberg: Phantom sued for Wiener Doge Meme coin theft

On April 15th, according to Bloomberg, Phantom was sued for the Wiener Doge Meme coin theft incident, based on a lawsuit filed on Monday. Meme coin developer Thomas Liam Murphy and other victims have stated that a malicious attacker stole and cashed out over $500000 worth of Wiener Doge digital assets from Murphy's Phantom wallet on January 20th of this year. Murphy and his 13 relatives have filed a lawsuit in the United States Southern District Court for the Southern District of New York. According to the indictment, Murphy's friends and family also purchased Wiener Doge cryptocurrency. They accused Phantom Technologies Inc. of failing to provide sufficient security protection, exposing users to the risk of malware and cryptocurrency wallet theft.