TAC suffers $2.8M exploit, pledges full compensation for user losses

Blockchain project TAC has been hit by an exploit, resulting in the theft of approximately $2.8 million in USDT, BLUM, and tsTON from its cross-chain layer on the TON network. In an announcement on X, TAC clarified that its native TAC tokens and ERC-20 tokens bridged from TON and Ethereum were unaffected by the incident. The bridge has been temporarily suspended as the team conducts a forensic analysis and works on recovery, with a post-mortem report expected within 48 hours. The project is collaborating with law enforcement, SEAL 911, and security partners to trace the stolen funds. TAC also stated that its foundation will sell its holdings of TAC tokens, following legal procedures, to fully compensate all affected users.