Telcoin is suspected of having more than 300 million TEL tokens stolen, and the official has temporarily frozen user operations

On December 26th, Telcoin, a blockchain payment application, experienced a large number of suspicious token operations on Polygon. The suspicious address allegedly stole over 300 million TEL tokens and exchanged them for MATIC.

Suspicious address: 0xDB4B84F0E601e40a02B54497F26E03EF33f3A5b7

Currently, the official statement indicates that they are aware of the situation with the Telcoin application and have temporarily frozen its use while investigating the issue.