IoTeX on the X platform updates on the previous private key leak incident, stating that the team has controlled the security risk and reinforced the IoTeX Chain, confirming losses of approximately $2 million involving assets such as USDC, USDT, IOTX, WBTC, and others. This was a complex cross-chain attack orchestrated by professional attackers. IoTeX is working with exchanges and law enforcement agencies to freeze and recover funds. On-chain operations and deposit functions will be restored within 24–48 hours after completing security upgrades, and the team commits to ongoing disclosure of progress.