Yala: Illegally minted YU tokens will be destroyed on September 23

According to Odaily Planet Daily, the stablecoin protocol Yala disclosed in its latest review that hackers used temporary keys to establish a forged cross-chain bridge on September 13th, overminting 30 million YU and cashing out approximately 7.64 million USDC (1,636 ETH), with some funds flowing into Tornado Cash. Bitcoin reserves were not affected. The hackers have returned approximately 22.28 million YU. Yala announced that it will destroy all illegally minted YU on September 23rd, restore a 1:1 USDC exchange rate, initiate the liquidation compensation application process, and strengthen cross-chain security audits and multi-party control mechanisms.