TAC: Cross-chain Layer's TON Side Suffers External Attack Resulting in ~$2.8M Loss, Plans to Sell Reserve Tokens to Cover User Losses

Odaily reports that the TAC team has announced its cross-chain layer's TON side 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 remain unaffected. The bridging service is currently suspended, and forensic analysis and remediation efforts are ongoing. A full report with more details will be released within the next 48 hours. The team is cooperating with law enforcement, SEAL 911, and security partners to track and freeze the stolen funds. The team stated that it will sell the foundation's TAC token reserves through a lawful and structured method to cover user losses and fully restore bridge liquidity.