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Cross-chain bridge TAC suffers external attack with losses of approximately $2.8 million; the foundation plans to sell reserve tokens to compensate users.
May 14 News, the TAC team announced that their cross-chain layer of TON was exploited by an external attacker, resulting in a loss of approximately $2.8 million, involving USDT, BLUM, and tsTON. TAC, TON, and all ERC-20 tokens bridged from Ethereum are unaffected. The bridging service remains suspended, and forensic analysis and repair work are ongoing. A comprehensive report with more details will be released within the next 48 hours.
The team is actively collaborating with law enforcement agencies, SEAL 911, and security partners to track and freeze the stolen funds. The team stated that their core focus is to legally and structurally sell the foundation’s TAC token reserves to compensate users and fully restore bridging liquidity. Official channels will continue to update on the progress.