On December 26th, Telcoin, a blockchain payment application, experienced a large number of suspicious token operations on Polygon. The suspicious address allegedly stole over 300 million TEL tokens and exchanged them for MATIC.
Suspicious address: 0xDB4B84F0E601e40a02B54497F26E03EF33f3A5b7
Currently, the official statement indicates that they are aware of the situation with the Telcoin application and have temporarily frozen its use while investigating the issue.
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