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

ChainCatcher message, the blockchain payment application Telcoin has experienced a large number of suspicious token operations on Polygon, with a suspicious address allegedly stealing over 300 million TEL tokens and exchanging them for MATIC.

Suspicious address: 0xDB4B84F0E601e40a02B54497F26E03EF33f3A5b7

Currently, the officials have stated that they are aware of the situation with the Telcoin application and have temporarily frozen the use of the application during the investigation.