Murphy’s Law founding attorney Liam Murphy is representing the plaintiff in a federal lawsuit filed in the Southern District of New York against Phantom Technologies and crypto exchange OKX. The complaint alleges that security vulnerabilities in the Phantom browser wallet exposed users to cyberattacks, resulting in the theft of more than $500,000 in digital assets and the near-total collapse of a Solana-based token project. The lawsuit further alleges that OKX’s trading infrastructure facilitated the unauthorized liquidation of stolen funds. The case raises critical questions about wallet security standards, exchange compliance obligations, and accountability across the crypto ecosystem.