logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Live

Crypto AI Platform Bankr Locks Down System After Hacker Breaches 14 Crypto Wallets

By Bitcoinist
May 20, 2026
4.1 
★
★
★
★
★
★
★
★
★
★
 340 User Rating
Share

Tech entrepreneur Austen Allred was among the victims. His wallet, tied to a project called Kelly Claude AI assistant, was drained of Ether — though the hacker left his memecoin holdings untouched. Allred said there was no sign anyone else had logged into his Bankr account, suggesting the attacker got to the private keys through other means.

How The Attack Unfolded

The platform also creates a crypto wallet automatically for every X account that interacts with its bot.

That feature had already drawn attention earlier this year, when someone reportedly tricked Grok into telling Bankr to launch a token, then pulled funds from it into a wallet they controlled.

According to Xian, the attacker exploited the trust connection between Grok and Bankrbot to push through unauthorized transaction approvals.

He identified three wallet addresses linked to the attacker that together held $440,000 in crypto.

Xian also pointed to prompt injection as part of the method — a technique where malicious instructions are fed to an AI to manipulate its behavior.

update: we’ve identified an attacker was able to access 14 bankr wallets.

we’ve temporarily locked things down while we work through the details. we will be reimbursing any and all lost funds.

Bankr Pledges Full Reimbursement

Users were warned not to sign any transactions for now. For those with wallets already hit, Bankr told them to stop using the affected accounts entirely, set up a new wallet with a fresh seed phrase on a clean device, and transfer any remaining tokens or NFTs out immediately.

If assets can’t be moved, revoking existing approvals was advised. Bankr also flagged the possibility of malware, urging users to check their computers and phones for suspicious software or browser extensions.

What Users Lost

Some users reported losing as much as $150,000 from a single wallet. The exact total across all 14 breached wallets has not been confirmed.

The attack adds to a rough stretch for the crypto space. Bad actors stole more than $168 million in the first quarter of the year.

April brought two of the biggest hits so far — a $280 million exploit of Drift Protocol and a $292 million breach of Kelp.

Just a day before the Bankr incident, the Ethereum bridge of Verus Protocol was also reportedly hit.

Featured image from Unsplash, chart from TradingView

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026
  • South Korea Updates Asset Law to Include Cryptocurrency

    South Korea Updates Asset Law to Include Cryptocurrency

    The South Korean Ministry of Economy and Finance announced a transition from the 1950 State Property Act to a new National Asset Basic Act to better reflect modern digital resources.
    Martha Grizzard
    Jul 16, 2026
  • New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.
    Martha Grizzard
    Jul 8, 2026
View more data 
BTCBTC(BTC)
$0
--(Last 24h)
SpotFutures

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Zilliqa
ZilliqaZIL

$0.003420

+45.16%
BULLA
BULLABULLA

$0.0185

+33.82%
Bitway
BitwayBTW

$0.0952

+22.52%
RSK Infrastructure Framework
RSK Infrastructure FrameworkRIF

$0.0931

+20.44%
Levva Protocol
Levva ProtocolLVVA

$0.000315

+18.50%

Top Trending

View more
Uniswap
UniswapUNI

$3.9210

+3.70%
Euler
EulerEUL

$1.5990

-5.94%
Dogecoin
DogecoinDOGE

$0.0710

-1.21%
Zcash
ZcashZEC

$470.640

-3.18%
Lorenzo Protocol
Lorenzo ProtocolBANK

$0.2320

-31.82%

Recently added

View more
AEON
AEONAEON

$0.0902

+10.93%
Ket
KetKET

$0.007179

-14.60%
South Korea Bull 3X ETF
South Korea Bull 3X ETFKORUB

$15.1500

-12.28%
GraniteShares 2X Long INTC ETF
GraniteShares 2X Long INTC ETFINTWB

$18.2300

-10.02%
CoreWeave
CoreWeaveCRWVB

$67.9100

-4.90%

Learn

View more
  1. 1What Are ARC-20 Tokens? How Do ARC-20 Tokens Work?
  2. 2What Is the Usual Protocol? How Does Its Tokenomics Work?
  3. 3What Are AI Agent Frameworks? How Do They Power Cryptocurrency?
  4. 4What Is JPYSC? How Japan’s Regulated Stablecoin Works
  5. 5Are AI Agents Safe for Crypto? How to Secure Your Assets
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com