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Bearish

Chainflip Resets TRON USDT Balances to Zero After $736,000 Exploit

Chainflip, a decentralized exchange protocol, has reset the active TRON USDT balances of affected liquidity providers to zero following a $736,000 exploit disclosed on September 12, 2026. The exploit involved an attacker causing six liquidity-provider withdrawals to be paid twice between 01:44 and 03:10 UTC on September 12. Chainflip has committed to compensating affected providers but has not disclosed a funding source or payout schedule.

Key points

  • Chainflip resets TRON USDT provider balances to zero after $736,000 exploit.

Sources

AI-generated from public news sources. Not financial advice.

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