ASI Alliance FET Token Migration and Cross-Chain Architecture Attacked, $1.56 Million FET Stolen

ASI Alliance has discovered a security vulnerability involving the migration of FET tokens and the cross-chain bridge architecture. Unauthorized parties extracted approximately $1.56 million worth of FET from the conversion contract. The team has taken action and is collaborating with security partners to investigate the incident. The treasury and exchange wallets were not affected, and users' self-custodied wallets or FET stored on exchanges are also unaffected, requiring no action from token holders. A complete report will be released once the investigation is concluded.

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