Wu said that Syscoin released an initial post-incident report stating that the Syscoin Bridge experienced a security incident involving approximately 5 billion SYS tokens, and the Bridge has currently been suspended. Syscoin stated that attackers exploited verification issues within the Bridge process, causing the system to incorrectly accept or interpret transaction proofs, and created about 5 billion unauthorized SYS outputs through the UTXO Bridge pathway. The related funds entered the UTXO chain and were transferred and split, with approximately 4 billion SYS and about 1 billion SYS respectively linked to two main compromised addresses. Syscoin claimed that the team has identified the affected verification paths and completed a remediation plan, is tracking the funds, and is coordinating with exchanges and ecosystem partners to blacklist, freeze, or monitor SYS deposits related to the compromised UTXO traces and their subsequent expenditures; users should not interact with the Bridge during its suspension.