Blockchain researcher ZachXBT has uncovered a sophisticated phishing operation targeting investors in Solana-based meme coins.

- The losses are estimated at $500,000.

- The attack involved spoofing copyright infringement notices.

- The hackers gained access to accounts by promoting fraudulent tokens.

- The funds were transferred between the Solana and Ethereum networks.

- Accounts with over 200,000 followers were affected.