PLEXUS, a renowned platform that aggregates cross-chain bridges, recently experienced a shocking incident. According to the company, the ownership of its native coin PLX was hacked, although the exact reason behind this event is still unknown. The platform took to its X account to disclose this news.
Currently, the ownership of PLX tokens has been compromised. We are diligently investigating the cause and kindly request that you refrain from making any additional purchases on Bitget and Uniswap. Once we have a clear understanding of the situation and have organized our response, we will provide guidance on reissuing and exchanging…
— PLEXUS | We’re Hiring! (@plexus_fi)
June 1, 2024
PLEXUS Witnesses the Hack of Its Native Token’s Ownership
In its most recent X post, the company revealed that its team is actively investigating possible causes. Furthermore, the company advised users to abstain from making further purchases on Uniswap and Bitget. Additionally, the company assured the community that it will share sufficient information regarding the incident and is actively trying to comprehend the situation.
Once the investigation is complete, the company will reportedly provide detailed instructions on how to exchange and reissue the tokens. However, the platform apologized for the inconvenience caused to users and expressed gratitude for their patience. The platform then proceeded to provide guidance to users regarding the PLX token, as the hack has sparked concerns.
The Platform Cautions Users against Purchasing More PLX Tokens
Users were urged to refrain from buying additional PLX tokens from the market. Meanwhile, the company is reportedly formulating a strategy for the reissuance and exchange of the coins. In addition to this precaution, the company has also reached out to the Bitget team, requesting them to suspend trading. The company will provide further updates once the situation has been resolved.
