TAC: About 90% of funds from the May 12 security incident have been recovered, with the attacker retaining 10% as a bounty

Foresight News reported that the L1 blockchain TAC team stated on Twitter that the security incident it encountered on May 12 has been largely resolved. The attacker voluntarily returned about 90% of the funds dispersed across Ethereum, TON, TAC, BNB Chain, and Zcash, and kept 10% as a bounty. TAC indicated that the cross-chain layer’s fund imbalance issue will be fully fixed, and a detailed update along with a comprehensive post-incident analysis report will be released soon.

Previously, on May 14, TAC confirmed that the cross-chain layer security incident resulted in approximately $2.8 million in assets (USDT, BLUM, and tsTON) being transferred to specific addresses, and stated that if the attacker returned the funds, it would be considered a white-hat rescue with about 10% awarded as a bounty.