Bloom Trading Bot Key Compromise Drains $953,000 in SOL Across 48 Wallets
An automated script took 9,408 SOL across nine users in 94 seconds using direct private key access, prompting a refund pledge from the Telegram bot.
At a glance
- What happened
- An attacker used stolen private keys to drain 9,408 SOL ($953,000) from 48 wallets tied to the Bloom Telegram trading bot on Oct. 26 [1].
- Why it matters
- The compromise exposes critical custodial vulnerabilities in low-latency Telegram trading bots that store user private keys on internet-connected servers [1].
- Who is affected
- Nine high-volume traders using the Bloom trading bot whose wallets were targeted in the drain [1].
- What's next
- Bloom executing promised reimbursements for all lost funds to the nine affected wallet owners [1].
- Primary source
- bitquery.io: Bloom Trading Bot Hack: $953K in SOL From 48 Wallets
Key points
- An attacker stole 9,408 SOL ($953,000) from 48 wallets used with the Telegram trading bot Bloom on Oct. 26 1.
- Bitquery reported that the script used native private keys directly to drain nine traders' wallets in descending order over 94 seconds 1.
- Bloom announced on X that it will fully reimburse all funds lost by the nine affected users 1.
An attacker drained 9,408 $SOL—worth approximately $953,000—from 48 wallets associated with the Telegram-based trading bot Bloom early on Oct. 26 1. According to an investigation by Bitquery, the compromise impacted nine high-volume traders, with an automated script systematically emptying the affected accounts over a span of 94 seconds 1. At the time of writing, $SOL was trading down 1.6% over 24 hours at $99.70.
Blockchain data indicates the transfers relied directly on the wallets' underlying private keys, executing plain SOL transfers without interacting with smart contracts or exploiting malicious token approvals 1. The incident mirrors broader risks flagged in past security incidents, such as when Swell Network hot keys were compromised, highlighting the systemic vulnerabilities inherent to custodial key architectures 1. The automated script conducted initial trial runs on a single wallet per trader before draining their remaining balances in descending order of size, leaving behind stablecoins like $USDC and memecoins while targeting native SOL exclusively 1. Notably, 24 of the 48 depleted wallets had not executed a trade through Bloom within the preceding month, including five accounts inactive since the first half of 2025 1.
Exposure and Planned Restitution
The exploit underscores custodial trade-offs associated with Telegram-native algorithmic trading tools, which typically store user private keys on internet-connected infrastructure to execute automated low-latency transactions on Solana 1. Bitquery observed that the entirety of the stolen 9,408.21 SOL was consolidated into a single address (7kY8qx…p8BQ) and has remained untouched 1. Following the exploit, Bloom issued an official statement pledging to fully reimburse all losses incurred by the nine affected account holders 1.
Questions this story raises
- How did the attacker drain the Bloom wallets?
- According to Bitquery, the drain transactions were direct SOL transfers signed by each wallet's private key rather than through smart contracts or token approval exploits [1].
- Will affected Bloom users receive compensation?
- Bloom posted an announcement stating it will fully reimburse all funds lost by the nine affected wallets [1].
Sources
- [1] Bloom Trading Bot Hack: $953K in SOL From 48 Wallets — bitquery.io, October 26, 2026
Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.
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