Private details of Solana co-founder Raj Gokal were revealed via the hacked Instagram account of rap group Migos in an extortion bid.
In a significant security challenge, the official Instagram page of the rap group Migos was hacked, exposing personal details of Solana co-founder Raj Gokal on May 27. This incident poses a potential reputational risk for the crypto community, but no immediate protocol or market disruptions have been reported.
Migos Instagram Hack Exposes Solana Co-Founder
On the evening of May 27, sensitive data belonging to Raj Gokal, Solana Labs president, appeared on the official Instagram account of the rap group Migos, which has over 13 million followers. Seven images were published, including Gokal’s identification photos and phone numbers, allegedly following a hack.
The hackers demanded 40 BTC (about $4.3 million USD) from Gokal, hinting at possible prior extortion communications. Despite the exposure, no funds have been transferred, and this appears focused on blackmail, not follower-targeted scams.
“The extortion attempt appeared to follow a week of coordinated social engineering efforts targeting Raj Gokal.” – ZachXBT, Blockchain Investigator
Prominent blockchain investigator ZachXBT noted that this might relate to “a week of coordinated social engineering efforts” aimed at Gokal. As of now, no public response from Gokal or Solana Labs has been recorded. Authorities have not translated the incident into protocol threats or suggested compliance responses.
Bitcoin Surges Alongside Security Concerns
Did you know? Doxxing attempts have periodically targeted crypto leaders, like the attacks on Cross-chain Bridge teams in 2022, which resulted in little market impact when protocol integrity was unaffected.
Bitcoin’s price hit $110,000.11 with a market cap of $2.19 trillion as of May 27, 2025. Market dominance stands at 63%, with a 24-hour trading volume of $56.11 billion, a 20.57% increase. The BTC price has seen a 31.37% rise in 60 days, data from CoinMarketCap shows.
The Coincu research team believes such doxxing events stress the need for enhanced personal data security protocols. However, they generally hold minimal financial shockwaves unless a protocol-level breach occurs, keeping technological and regulatory stability relatively untouched.
