According to a ChainCatcher report, data from CoinGecko shows that the token TRU of the blockchain computational scaling protocol TrueBit is trading at $0.000002448, with a nearly 100% decline in the past 24 hours. Earlier news indicated that on-chain data suggests TrueBit may have been attacked on January 8, resulting in a loss of 8,535 ETH, approximately worth $26.4 million.
TrueBit (TRU) Token Plummets Nearly 100% Amid Suspected Security Incident
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Summary
The TrueBit (TRU) token dropped nearly 100% within 24 hours, reaching $0.000002448 on CoinGecko. The crash followed a suspected security breach on January 8, when 8,535 ETH—valued at $26.4 million—was allegedly stolen. The incident has raised concerns about the platform's security, especially as new token listings continue to attract market attention.
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