Telcoin Targeted in String of Attacks, Resulting in $1.2 Million Losses

MetaTrust on-chain monitor, MetaScout, has recently uncovered a series of targeted attacks aimed at the Telcoin wallet $TEL. As a result of these attacks, the price of Telcoin has experienced a sudden and severe 65% decline, causing substantial financial losses estimated at around $1.2 million.

The specific address associated with these security breaches is 0x35d2775e5f95596509951b140d68fc5b9185ff98. Further details and transaction history can be found at PolygonScan.

We strongly advise all Telcoin users and investors to exercise caution and remain vigilant in safeguarding their digital assets. The Telcoin team is actively investigating the incidents and taking necessary measures to mitigate the damage.