IoTeX Response to Security Incident: Loss Significantly Lower Than Rumored, Has Coordinated Exchange Asset Freezes

BlockBeats News, February 21st. In response to today's circulating IoTeX token security incident, the IoTeX team has issued an official announcement stating that they have intervened in a timely manner and the current situation is under control. Initial assessments indicate that potential losses are far lower than rumored. The official statement indicates that they have collaborated with multiple major exchanges to track and freeze the hacker's assets. Further developments will be announced in a timely manner, reminding users to rely on official information.

Prior to this, on-chain analyst Specter tweeted that they had discovered suspicious activity related to IoTeX token security.