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Telcoin is suspected of having more than 300 million TEL tokens stolen, and the official has temporarily frozen user operations

Telcoin is suspected of having more than 300 million TEL tokens stolen, and the official has temporarily frozen user operations

CointimeCointime2023/12/26 03:38
By:Cointime

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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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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