Phantom reiterates its commitment to security: recent vulnerabilities will not endanger user funds in any way

in response to criticism from security researcher @CloakdDev, the encrypted wallet Phantom on the Solana chain stated that a recent vulnerability would not threaten the security of user funds. In a public statement, Phantom expressed apologies for communication delays and reiterated its commitment to security, stating: "We are confident that this vulnerability will not endanger user funds in any way." However, Phantom did not provide a timetable for additional technical details or potential response measures. Similarly, Cloakd did not disclose specific technical information about the vulnerability.

This has caused widespread concern among users, and many have questioned how wallet providers balance transparency and security. Some community members have sought advice from Cloakd to understand the level of risk and how to protect their assets. Cloakd advises users to consider migrating to other wallets.