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      ASI Alliance: FET token migration and cross-chain architecture exploited, about $1.56 million in FET stolen

      PANews reported on September 20 that ASI Alliance posted on X that it has learned of a security exploit involving the FET token migration, the cross-chain bridge architecture, and other tokens within that infrastructure. The team has taken immediate action and is working with security partners. An unauthorized party withdrew approximately $1.56 million worth of FET from the conversion contract. The treasury and exchange wallets were not affected, and FET in users' self-custody wallets or held on exchanges is unaffected; holders do not need to take any action. A full incident report will be published after the investigation is complete.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud