TAC responds to the sharp price drop, stating that it has not been attacked, there is no internal sell-off, and the decline is triggered by a chain reaction from contract liquidations

According to official news, TAC issued a statement regarding the significant price drop in the past 24 hours, stating that the protocol was not attacked, on-chain assets are secure, and the system is operating normally; the team and early investors did not participate in the sell-off, and the related tokens are still within the lock-up and vesting period, with no possibility of unlocking at this stage.