Community Update:

In an isolated incident this morning, an email thread involving one investor’s transfer of tokens into custody was compromised by a malicious attacker.

As a result, 1,673,645 EIGEN tokens were erroneously transferred to the attacker’s address. The attacker sold these stolen EIGEN tokens via a decentralized swap platform and transferred stablecoins to centralized exchanges. We are in contact with these platforms and law enforcement. A portion of the funds have already been frozen.

The compromise has not impacted the broader ecosystem. There is no known vulnerability in the protocol or token contracts and this compromise was not related to any onchain functionality.

We continue to investigate the situation and will be posting further information once we have it.