Solana Co-founder Raj Gokal’s Migos Insta Account Hacked, Heres How

Raj Gokal Breach:- In a massive data breach, personal information of Solana co-founder Raj Gokal was accessed by hackers in Migos Account hack.

On Tuesday morning, a number of doxxed images of Raj Gokal and his wife were posted on Instagram account, Migos – the American hip-hop group with 13 million followers.

This was unusual for the Migos Instagram account who otherwise posts content related to music releases and albums or tour & live performance visuals.

Reportedly, hackers gain access not only to the Migos social media account but also to Raj Gokal’s Google, email and Apple account credentials.

How Solana Co-founder’s Account was Hacked

Even before the breach became evident, Raj Gokal had posted on his X account. On May 20, he had asked users to stay cautious about potentially misleading token launch or soliciting funds. This implies that hackers had been trying since the past week and Raj Gokal had an hint about it.

According to blockchain investigator ZachXBT, the attackers likely used social-engineering tactics to phish Gokal’s personal documentation. This includes passport scans, driver’s license photos and even “Know-Your-Customer” images that resemble those submitted during KYC checks.

Per ZachXBT, these materials may have been obtained either directly from Gokal’s devices or via illicit access to a centralized service. As the co-founder of the largest blockchain network, Solana, his personal information is of immense significance.

Rak Gokal Blackmailed to Pay 40 BTC

Though the exact way of how the account was hacked is still under scrutiny and debate, the hack created ripple effects. Hackers blackmailed Raj Gokal to pay 40 BTC by posting his doxxed picture as shown below.

It became evident that the hacker was blackmailing him to pay “the debt of 40 Bitcoins.” This would today amount to roughly $4.36 million. As of press time, Bitcoin Price is trading at $109,029 USD per BTC.

In a sign of relief, there was no update released targeting Solana ecosystem or speculative token launch. It is likely that the hacker was out on a personal vangeance or from the pure motive of raking in some money.

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Rampant Crypto Breaches Expose Vulnerability

Solana co-founder Raj Gokal’s breach comes in line with the recent surge in security breaches across the web3 industry. There have been many instances of such breaches targeting founderd and platforms operating in web3. For one instance, the leading crypto exchange Coinbase suffered a significant data breach on on May 11, 2025.

The exchange received an extortion email from the threat actors claiming they had stolen internal documents and customer information. Coinbase then publicly disclosed the breach and it refused to pay the $20 million ransom.

On Monday, the blockchain network Sui also announced $10M commit after Cetus incident. This comes after on May 22, Cetus Protocol – the largest decentralized exchange (DEX) and liquidity provider on Sui – was exploited for $223 million in user funds.

The breach began when an attacker took advantage of a critical overflow bug in Cetus’s automated market‐maker (AMM) smart-contract logic.

Doubling down on Sui security. A thread 🧵

The root cause of the Cetus incident was a bug in a Cetus math library, not a vulnerability in Sui or Move. But the impact on users is the same. We need to take a holistic perspective and step up our game on supporting ecosystem…

— Sui (@SuiNetwork) May 26, 2025

This explains the rampant increase in security breaches across the platforms in web3. Further, the targeting of founders such as Raj Gokal exposes crticial information of the whole ecosystem. Thus, leaders and regulatory actors must come together to take strong action.

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Disclaimer: The content may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.