BlockBeats News, March 26 — Resolv Labs announced, "As mitigation measures progress, we want to clarify an important issue: we strongly recommend not trading or acquiring USR at this time. On-chain data shows that illegally minted USR has been mixed into multiple wallets along with pre-attack USR and is continuously circulating in the secondary market.
The USR generated illegally by attackers has never been backed by collateral and does not have redemption rights. Any transactions conducted now carry the risk of involving illegal tokens and will complicate the asset recovery process.
We are still in the early stages of assessing recovery options for affected holders and cannot provide any guarantees. Any potential remedies may be limited by ongoing trading activity. We are working closely with the affected protocol to develop solutions and will share specific details when ready."
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
