Following a security incident, TAC identified an exploit on the TON side of its cross-chain layer carried out by an external attacker. The incident resulted in a loss of approximately $2.8M across USDT, BLUM, and tsTON. The TAC token, TON, and all ERC-20 tokens bridged from Ethereum are NOT affected. The bridge remains paused while forensic analysis and remediation are ongoing. A post-mortem will be published soon. The team is working with law enforcement and security partners to trace funds and plans to make users whole via a structured sale of Foundation TAC token reserves.