Crypto trader Frogman lost approximately $4 million in a hack that occurred during the TOKEN2049 conference in Singapore on October 7, 2026. Two of his wallets were drained, containing nine different tokens, with the largest losses coming from 1.43 million BP tokens ($1.77 million), 13.96 million MarsCoin ($1.55 million), and 3.7 million Cash Cat tokens (roughly $510,000 to $515,000). Analyst EmberCN detected the suspicious activity about five hours before Frogman publicly confirmed the breach. The stolen funds were sold and converted primarily into ETH, BNB, and SOL before moving through privacy tools Privacy Cash and Chainflip. Frogman stated he does not know how the security breach occurred and will share further updates as the investigation progresses.
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