Business1 source
Forward Industries Denies $123 Million SOL Transfer
Headline from The Defiant

Key points
- Forward Industries has officially denied responsibility for a massive transfer involving 1.78 million Solana tokens.
- The transactions, valued at approximately $123 million, were initially linked to the treasury company after blockchain trackers identified large stake withdrawals.
- Although on-chain data confirms the movements took place, the actual ownership of the involved crypto funds remains actively disputed.
Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.
Coins mentioned
Sources
- The DefiantForward Industries Denies $123 Million SOL Transfer · 2 hours agoRead on The Defiant
Story timeline
- The Defiant1 min read
Ondo Backs Spout Plan for No-Interest Stock-Token Loans
- Crypto Briefing1 min read
Solana Foundation launches Confidential Compute with TryNitoAI
- Crypto Briefing1 min read
Solana memecoin decline reflects return to fundamentals, Seasons CEO says
- NewsBTC1 min read
Solo Brings Human Verification to Venmo Co-Founder’s JellyJelly App as AI Agents Beat CAPTCHA
- U.Today1 min read
Jed McCaleb’s Stellar (XLM) Tops Solana and Ethereum in Daily RWA Fund Growth
Share
Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.