Wu said he learned that Syscoin released an initial post-incident report. Syscoin said that the Syscoin Bridge experienced a security incident involving approximately 5 billion SYS, and that the Bridge has currently been paused. Syscoin stated that the attacker exploited a validation issue in the Bridge process, causing the system to incorrectly accept or interpret transaction proofs, and created approximately 5 billion unauthorized SYS outputs through the UTXO Bridge path. After the relevant funds entered the UTXO chain, they were transferred and split, with approximately 4 billion SYS and approximately 1 billion SYS respectively associated with two main contaminated addresses. Syscoin said the team has identified the affected validation path and completed a remediation plan, and is tracking the funds while coordinating with exchanges and ecosystem partners to blacklist, freeze, or monitor SYS deposits related to the contaminated UTXO trail and its subsequent spending. Users should not interact with the Bridge during the suspension.