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An almost unprecedented event has occurred on the blockchain: the project team forcibly transferred user assets through protocol layer permissions without controlling the private keys. This action directly challenges the fundamental principle of blockchain—absolute control over private keys.
What’s more troubling is the subsequent response. The project team did not directly address the core issue of "whether malicious issuance exists," but instead chose a technical remedy—using post-operation procedures to fix the outcome, effectively bypassing the facts themselves. This response has sparked further community skepticism.
From the market reaction, mainstream exchanges including HTX have become the first responders. The way such incidents are handled, to some extent, is also testing the industry's bottom line and standards—how all parties respond when protocol permissions conflict with user asset protection.